Almost half of Americans have less than $100,000 in retirement savings

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Almost half of Americans have less than $100,000 in retirement savings

America's yawning retirement savings gap is growing at a rate of $3trn per year. In 2015, the difference between what people have and should have saved was around $28trn, and by 2050, it is forecast to hit $137trn, according to data published this week by LearnBonds. The number of Americans struggling to balance between managing their finances and retirement savings is on the rise. Despite planning, nearly 50% of Americans have less than $100,000 saved for their retirement, according to th...

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Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.