Saving Trends: Almost 20% of Adults Over 50 Have No Retirement Savings in the US, while 90% of British Do Not Save Enough
Across the U.S. and the U.K., concerns are mounting about inadequate savings for retirement. In the U.S., a recent AARP survey revealed that nearly 20% of adults aged 50 and older have no retirement savings at all. Policymakers have long favored strategies like automatic enrollment and auto-escalation in retirement plans...