6/26/2013 – Retirement savings $14 trillion below threshold (CBS MoneyWatch)

The National Institute on Retirement Security (NIRS) recently released a study that analyzed the state of Americans’ retirement savings and compared them to benchmarks gauging progress toward maintaining retirement living standards. The results shouldn’t surprise you if you’ve been following the news on the level of retirement savings prevalent in American households.

The study found that Americans of all ages are falling well short of the savings amount they need to secure their retirement.

Read the full article at CBS MoneyWatch.