You Won't Believe How Many Americans Saved Nothing for Retirement Last Year

You Won't Believe How Many Americans Saved Nothing for Retirement Last Year

It's therefore somewhat surprising to learn that one in three Americans saved no money for retirement in the past year, according to the May 2020 Simplywise Retirement Confidence Index. If you have access to a 401(k), all you need to do is fill out some paperwork instructing your employer to allocate a certain amount of money or portion of your earnings to long-term savings.