15 Retirement Statistics That Will Scare the Crap Out of You

With the possibilities of too much debt, little savings, or stalled wages, Americans fall victim to retirement crises every day. The following statistics may scare you into jumpstarting your financial futureOne sickening retirement cost will give you sticker shock (page 10).

1. One in three Americans has nothing saved for retirement

An 'I.O.U' message on a piece of paper, sticking out of a leather wallet

You owe yourself a stress-free retirement. | iStock.com/Christopher Stokey

  • More than half of Americans have less than $10,000 saved for retirement.

A recent survey from GoBankingRates.com found over half of Americans have no more than $10,000 saved for retirement, and 1 in 3 have nothing saved at all. The National Institute on Retirement Security estimates the nation’s retirement savings gap is between $6.8 and $14 trillion.

Next: Your gender influences your financial future.

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