National Save for Retirement Week

 

More than half of U.S. employees have less than $25,000 in savings and investments (this includes retirement savings but excludes homes). About 40% of people age 55 and older have less than $100,000 in retirement savings!

The U.S. Senate unanimously approved a bill which designates October 21 through 27 as National Save for Retirement Week in an effort to encourage employees to save more for retirement.

How’s your retirement savings? If you’d like a good idea of what your financial future holds, download a free trial version of Future Value of Savings Calculator.

Take some time during National Save for Retirement Week to pay attention to your retirement savings.