This article was originally published on ETFTrends.com.
It’s a statistic that is confabulated quite a bit during dinner table conversations, but the unfortunate reality is that roughly half of American households have no retirement savings at all. No 401(k)s, no IRAs, nothing. Perhaps, they’re expecting pension income to support them in retirement? Well, according to the Government Accountability Office (GAO), around 29% of households age [...]