Retirement Crisis Across the Board

Retirement preparation in the US is a pressing issue affecting individuals across all income levels. Statistics reveal a concerning truth: as individuals near retirement age, their savings account balances fall significantly short of the recommended amounts. Even those in the top 10% income bracket are feeling the pressure, with many lacking the expected funds for retirement. With the average American needing about a million dollars in their retirement accounts, the reality for most paints a starkly different picture, urging the need for collective societal attention and solutions.