Here’s the grade most Americans give themselves for retirement readiness

Here’s the grade most Americans give themselves for retirement readiness

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If saving for retirement were graded, most Americans would want to hide their report cards.

A majority would give themselves a “C” grade or lower, and a third of those in their 40s and 50s would give themselves failing grades, according to a new study conducted by Harris Poll for TD Ameritrade.

About 53% of those in their 50s have less than $100,000 saved and just 12% of respondents ages 60 to 79 have at least $1 million stashed away, according to the study, which surveyed 2,000 adults ages 40 to 79.

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