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One third of workers age 50+ have less than $25,000 in savings and investments

"Three in four 50+ workers (76%) and two in three 50+ retirees (65%) have personally saved for retirement. However, slightly more than a third of workers (36%) and about half of retirees (49%) have less than $25,000 in savings and investments," according to an AARP analysis of data from the 2016 EBRI Retirement Confidence Survey (p. 4)
Williams, A. R., & Harrison, E. W. (2016). 2016 retirement confidence survey: A secondary analysis of findings from respondents age 50+. Washington DC: AARP. Retrieved from this source.
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