Not Saved Up For Retirement

Continuing bad news when it comes to folks' lack of planning for the future:

The numbers for retirement savings already looked discouraging with the average American couple only having put away $5,000, but the situation may be worse: only a third of working Americans are saving money in an employer-sponsored or tax-deferred retirement account, according to U.S. Census Bureau researchers, as reported in Bloomberg. And that’s only if their employers even offer such plans, which, according to this research, only 14% do (and they’re likely large companies).

(http://www.marketwatch.com/story/the-amount-of-americans-not-saving-for-retirement-is-even-worse-than-you-thought-2017-02-21)

Sure, living for "the now" is fun.  But not saving for the future?  That's nuts.

Out for now........

Matt