The Facts on Retirement

If these statistics from the Employee Benefit Research Institute don't scare you, I'll be surprised. here's the real shocker:

A sizable percentage of workers report they have virtually no savings or investments. Among RCS workers providing this type of information, 29 percent say they have less than $1,000. In total, more than half of workers (56 percent) report that the total value of their household’s savings and investments, excluding the value of their primary home and any defined benefit plans, is less than $25,000.