20% of Americans Don't Plan to Ever Retire. Should You Do the Same?
When I first caught this survey by MassMutual that found that 20% of Americans aren't ever planning to retire, my first reaction was "Whoa, that's bleak." And when you look at some of the other stats that survey reveals, it's easy to see why the idea of retirement might be nothing more than a pipe dream for some.
A whopping 49% of respondents said they aren't saving enough to retire at their ideal age. And given that many Americans are continuing to grapple with inflation, high housing costs, and now (once again) student loan payments, it's easy enough to see how 401(k) or IRA contributions might easily fall by the wayside.
Image source: Getty Images.
Source Fool.com
