Fidelity announced today that the typical working American household has $18,750 saved for retirement. Fidelity plans to measure this and other retirment investment figures and release their findings twice a year.

Read the entire article from MarketWatch here.

This paragraph speaks closely to those in my age range:

"The younger adult households have typically saved $9,000 toward retirement, and contribute $92 each month toward that goal, the index showed. Twenty-one percent of working younger adults have yet to start saving for retirement."

It will be interesting to see how these numbers are reported in the media. Will tomorrow bring a myriad of articles that discuss the laziness of Americans, who still rely on social security & pensions for retirement? We'll have to wait and see.

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