A Third of Americans Lack Retirement Savings in a 401(k) or IRA
Robert R. Johnson
A large percentage of Americans still lack any retirement savings either through a 401(k) plan or IRA despite the advent of robo-advisors and budgeting apps.
Data from various sources show an alarmingly large percentage of consumers still have not started saving for their retirement.
Chang, Ellen, "A Third of Americans Lack Retirement Savings in a 401(k) or IRA" (2016). In the News. 1282.