What Percentage Of Americans Have A Retirement Plan?

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    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Back in 2010 a report cited in the New York Times said that 75% of those nearing retirement, i.e. baby boomers, had an average of $30,000 in their retirement accounts. Almost half will by on an unsustainable food budget of $5 per person. Social Security for the middle class will be the main retirement income source.
    Answered on September 6, 2013
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