Are You In This Number?

Retirement Planning By The NumbersA 2014 poll taken by the Federal Reserve shows that many Americans are not financially prepared for retirement. More than 5,800 Americas were polled and here are the astonishing results:

  • 33% of Americans work with no savings plan or pension
  • 38% have no intention of retiring or they plan to keep working for as long as possible
  • 65% say their families are “doing okay” or are “living comfortably”
  • 29% say their incomes have risen since 2013
  • 53% can cover a $400 emergency expense- without selling something or borrowing the money
  • 31% have gone without medical care in the past year because they simply could not afford it


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