Do you need an excuse?1 of 8Like the proverbial grasshopper, some people neglect to save for retirement and have plenty of excuses to justify their lack of foresight.Every year, the Employee Benefit Research Institute conducts its retirement confidence survey to gauge how prepared Americans are for retirement. The 2010 survey, released in March, found that 54 percent of workers have less than $25,000 saved, excluding the value of their home and any defined benefit plans.The justifications are endless and investment advisers have heard them all. While some excuses are grounded in reality, others defy logic.« Back to Retirement Realities Related Articles:Effects of working longerSavings plan for young folksSaving in your primeRetirement planningRelated Links:Collecting Social Security5 Social Security facts10 great places to retireSave now, retire in style advertisement
Like the proverbial grasshopper, some people neglect to save for retirement and have plenty of excuses to justify their lack of foresight.
Every year, the Employee Benefit Research Institute conducts its retirement confidence survey to gauge how prepared Americans are for retirement. The 2010 survey, released in March, found that 54 percent of workers have less than $25,000 saved, excluding the value of their home and any defined benefit plans.
The justifications are endless and investment advisers have heard them all. While some excuses are grounded in reality, others defy logic.
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