This year we’ll see more Americans retire than ever. But how many of us will be financially ready when it’s our turn? At Vanguard, we asked this question for the whole country: Are we saving enough to maintain our lifestyle in retirement?
To answer, we applied Vanguard’s market projections to household balance sheets in order to forecast retirement savings down the line.1 Retirement readiness: The statistics We find that roughly two in five Americans are on track to meet their retirement spending needs. But retirement readiness is not black and white.
Read the entire article: America’s retirement outlook is getting brighter | Vanguard