Nearly half of Americans arent on the right track for retirement

Nearly half of Americans arent on the right track for retirementNearly half of Americans arent on the right track for retirementNearly half of Americans arent on the right track for retirement.The Federal Reserve Boards annual survey of household economics found that around 44% of Americans claimed that they arent finally prepared for retirement, while just 36% reported that they were on the correct path. The rest are not sure, according to the survey.A number of non-retired participants said they have no retirement savings or pension. Of non-retired above age 60, 13% said they have no retirement savings at all. Older Americans, however, were the best on track with their current retirement goals. 45% of Americans over age 60 claimed to where they felt comfortable while the lowest was the youngest bracket - ages 18 to 29 - at just over a quarter.As for when people are retiring,almost half of the retirees retired before age 62 in 2018. Another fourth retired just slightly over betwee n 62 and 64.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people