Two-thirds of middle-income Americansare saving less than 5% of their annual income for retirement with nearly a quarter saving nothing at all, according to research from LIMRA, an industry-funded research group.

The research looked at American workers earning $40,000 – $99,999.  More than eight in 10 (85%) are saving less than 10% of their income for retirement, the study found.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access