Newsletter

A crack in the nest egg: are Americans doing enough to save for retirement?


Abstract: Before the current recession, soaring stock prices and housing values made many Americans feel well off, and thus many were lax in saving for retirement. The current financial market downturn has erased much of the previous gains, leaving many workers unprepared for retirement.

Keywords: Saving and investment; Retirement;

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Liber8 Economic Information Newsletter

Publication Date: 2009

Issue: May