Retirement Savings Crisis in the U.S.
A survey by asset management company Schroders found that only 4% of retirees are 'living the dream,' while 4% are 'living the nightmare.' Most retirees fall in between, with concerns about inflation, health-care costs, market downturns, and outliving their savings. Experts warn of a retirement savings crisis in the U.S., as many workers lack adequate savings to maintain their standard of living in retirement.