In our May 2014 blog post, “What Retirement Crisis?”, we linked to a Country Financial Security Index Survey which indicated 1 out of every 4 Americans had saved nothing – $0 – for retirement.

25% of Americans have no retirement savings; we thought that was pretty dispiriting.  However, a more recent survey suggests an even greater number of unprepared Americans.  Specifically, Bankrate.com ran a survey and it suggests that a third of people – 36% - have nothing saved for retirement.   (You can get the details from this more recent survey here - cnbc.com/id/101926802#_gus)

So, is it 25%, 36%, or something completely different?  Getting the precise number of unprepared Americans is only of secondary importance.  The primary goal to increase the number of potential retirees and get employees to change their behavior.