More than 1 in 3 Americans have no retirement money

Talk about your "Hey Martha" stories. How on earth are these folks going to live once they're unable to work? Hint: Social Security won't be enough. Latest Harris Poll shows that in the last 18 months the number of Americans without a nest egg has gone from 30 percent to 34 percent. Among Baby Boomers, it's just one-in-four, and among those 65 and over it's 22 percent. Numbers went up during the recession, when more folks struggled to make ends meet.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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