(New York, NY) -- Many Americans still apparently are not preparing their bank accounts for their golden years. A new survey finds for the third consecutive year, the percentage of people in the U.S. who have almost no retirement savings has grown. The Employee Benefit Research Institute's yearly Retirement Confidence Survey reveals the percentage of workers who say they have less than ten-thousand-dollars in savings grew to 43-percent. That's a four-percent increase from last year's figures. Employees with less than one-thousand dollars rose from 20-percent last year to 27-percent this year. An official with the survey said the reason for the savings declines is largely due to job losses, mortgage problems and a suspension of corporate 401(k) matches.
Other findings in the poll show the number of workers who have postponed their retirement age in the past year has increased by ten-percent to 24-percent from 2008. One investor pegs the healthy range for retirement savings at between six and ten-percent of a person's yearly salary.
