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Money Talks News: 8 Surprising Truths About Retirement

2. Half of Americans aren’t saving for retirement

According to a Life Insurance and Market Research Association study, 49 percent of Americans say they aren’t contributing to any retirement plan. Those least likely to save for retirement: individuals between ages 18 and 34.

What are Americans doing instead? In another survey by Wells Fargo, planning a home remodel and planning a vacation ranked higher on the list of priorities within the past year than planning for retirement (which ranked third).

(iStock)

More from Money Talks News:
8 Social Security Myths Exposed
10 Reasons Your College Major Matters
How to Find an Awful Financial Adviser



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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