A recent study from life insurance provider Northwestern Mutual revealed that approximately one-third of those surveyed have less than $5,000 saved for retirement.
“Continuing to work later in life should be a personal choice and not a mandatory requirement for survival,” said Rebekah Barsch, Northwestern Mutual Vice President of Planning. “Proactive financial planning can be the difference between a desired and a default retirement lifestyle.”
Click here to read more about the findings from this study.