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Road to Retirement Can Be Tough for Many Americans

Rough Road to Retirement for Many Americans. Emily Wittmann paid for years into a 401(k), but dipped into those retirement savings during the economic downturn.

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Saving for retirement is tricky because there are so many. meaning you can’t simply look at what other people your age are saving and assume you should be doing the same. This is especially true.

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Retirement. Under 50% of all American families have a retirement account and the median value of those who have retirement accounts is under $60,000. You’re probably thinking that many of those families are young and haven’t started saving yet. Well, of those families where the head of the house is aged between 55 and 64.

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