Study Finds Most Americans Turning 65 Lack Financial Preparedness for Retirement

Wednesday, 8 May 2024, 13:40

A recent study indicates that a significant percentage of Americans nearing the age of 65 are ill-equipped to retire financially. The findings suggest a growing concern regarding retirement readiness among the aging population and highlight the need for improved financial planning and education. The study's results underscore the importance of taking proactive steps to ensure a secure retirement future.
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Study Finds Most Americans Turning 65 Lack Financial Preparedness for Retirement

Study on Retirement Preparedness

A recent study has revealed that the majority of Americans approaching the age of 65 are facing financial challenges when it comes to retirement.

Key Findings:

  • Concerning Numbers: A significant percentage of individuals turning 65 soon are not financially equipped for retirement.
  • Expert Analysis: CBS News business analyst Jill Schlesinger sheds light on the implications of this study.

The study serves as a wake-up call to prioritize retirement planning and financial stability for the aging population.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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