Are You Saving Enough?

One of the things I worry about is if I'm saving enough. MSNBC has a GREAT Special Report on Retirement Savings. Over 49% of GenX'ers are likely not saving enough for retirement. That's almost half the population in the future! That means people will have to work longer, or not retire at all. Perhaps even more alarming, over half the U.S. workers aged 55 or higher have less than $50,000 saved for retirement! Many of them may be able to rely on social security or pensions though, but pensions are fast becoming a thing of the past.