Few Americans Say They’ve Saved Enough For Retirement

The recent recession and slow pace of the economic recovery has made saving money more difficult for those approaching retirement and sustaining a comfortable lifestyle a challenge for the already retired. In fact, only seven percent of Americans reported having saved their ideal retirement nest egg in a recent survey. In order to successfully navigate your retirement, experts recommend doing an honest assessment of your finances and making adjustments where possible. Cutting back on luxury spending and obtaining a part-time job to provide added security are also options to those struggling to make ends meet. Ultimately, don’t be afraid to ask for help, whether that means networking for a job or reaching out to family and friends when struggling financially. More here.