In the first half of 2008, Americans continued to add to their retirement plans despite the ongoing market turmoil, Fidelity has found.
More than 40% of the American households that are likely to be financially unprepared for retirement dont know it, says the Center for Retirement Research at Boston College.
The study, Robbing Tomorrow to Pay for Today, was produced by The Center for American Progress, a liberal think tank.
The free site lets retirees and near-retirees book discounted tee times at golf courses nationwide and provides other lifestyle-related information.
Withdrawing a few thousand dollars today can diminish long-term savings by tens of thousands of dollars, device shows.
Colleges and universities throughout the United States are now dedicating much sought after grant money to individual and department research on retirement topics.
U.S. retirement assets reached $16.4 trillion in 2006, and part of that money will be 'in motion' as individuals leave current employers and retire.
Retirees might embrace lifetime income products if they could invest a part of their 401(k) assets in one on a trial basis, according to The Hamilton Project.