Americans Are Saving Too Much-Sort of

Are Americans saving too much? Is that a trick question? The difference between what Americans have saved and what they will need in retirement is $6.6 trillion, according to the Center for Retirement Research at Boston College. Less than 60% of workers are saving anything at, the Employee Benefits Research Institute found, and 57% of adults have less than $25,000 in total savings and investments, according to Pew Research. In other words, there is a retirement savings crisis in the U.S. But as ...