Nearly 90 percent of American seniors believe the United States is facing a retirement savings crisis, according to a recent survey.
The American Advisors Group’s (AAG) found that 89 percent of seniors said they were worried that the United States is in the grip of a retirement savings crisis.
AAG surveyed more than 1,500 seniors aged 60–75 across the United States to gain better insight into the issue.
Nearly half of older Americans said they were struggling to build their savings.
Forty-seven percent of respondents described the conditions of their retirement savings as poor, while 44 percent said they failed to save enough to retire comfortably….