http://www.stltoday.com
More than 40 percent of Americans are at risk of having too little retirement income, a new study by the Employee Benefit Research Institute says.
What's more, the oldest workers are the least prepared to quit working. The EBRI says that 47% of early Baby Boomers are at risk of running out of money in retirement, compared with 44.5 percent of Generation Xers.
For some people, retirement savings won't last very long at all. Among the lowest-income quarter of the working population, 41 percent will be short of money after a mere 10 years in retirement.
