this post was submitted on 07 Feb 2026
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Most workers who aren’t saving for retirement through their employers aren’t saving at all, the study found

New data suggests the average American worker has under $1,000 saved for retirement.

A report from the National Institute on Retirement Security found that the median savings for all employed adults between the ages of 21 and 64 were approximately $955. The study includes workers with 401(k) and other retirement savings plans, as well as the approximately 56 million workers who do not have access to employer-sponsored retirement plans.

Workers with retirement savings plans have a median balance of approximately $40,000 saved, according to the report. That figure is nowhere near the $1.5 million that Americans say they need to feel comfortable fully retiring.

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[–] Itdidnttrickledown@lemmy.world 9 points 5 days ago (1 children)

They have never wanted us to retire. They want us to work until we die.

[–] kreskin@lemmy.world 1 points 5 days ago

workers will not be allowed to work until they die unless its a really menial job. Every normal mundane mistake you make as an older worker, your bosses look at you trying to decide if you are too old to do the job.