It’s not too late to save for retirement

When it comes to retirement, odds are, you’re not ready.

Worse, you probably don’t know if you’ll ever be ready.

Nearly half of all Americans (46 percent) say they’re concerned that they’ll run out of money in retirement, according to a new survey by TIAA-CREF.

And with good reason. Last year, more than half of U.S. workers had less than $10,000 saved for retirement, according to a study by the Employee Benefit Research Institute. And another 17 percent of us had only stashed away $10,000 to $50,000—hardly what it will take to finance one’s golden years in style.

via It’s not too late to save for retirement.