National Save for Retirement Week

This week is National Save for Retirement Week.

In 2009, the House of Representatives and the U.S. Senate unanimously approved resolutions designating October 18-24 as National Save for Retirement Week.
The resolutions seek to increase financial literacy and raise public awareness of the retirement-savings vehicles available to all workers.
Research shows that more than half of all workers in the United States, 53 percent, have less than $25,000 in total savings and investments, excluding their home and defined benefit plans (pensions).
With longer life expectancies and rising costs, especially for health care, it is critical that Americans understand the importance of saving for their future - now.