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Study: Americans slipping in retirement savings

6:37 PM, Aug 23, 2013   |    comments
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If Americans are worried about their retirement, you wouldn't know it from their saving habits.

According to a bankrate.com report, only 18 percent of working Americans are saving more for their golden years now than they were a year ago. A little more than half are saving the same amount as last year. The rest are saving less.

Employed Americans between the ages 50 and 64 are the most likely of all age brackets to be saving less for retirement this year.

Certified financial planner Laura Lyons joined us with more on the study and why saving for retirement is so important. You can watch that entire conversation in the video above.

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