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Singles swing into retirement with little savings
Posted By -NO AUTHOR- On 04/19/2013 @ 12:17 am In Money | No Comments
(MarketWatch) If you think it’s hard saving for retirement as a couple, trying doing it as a single. According to a study—described by one expert as the most intriguing of 2012—the amount of money singles in their late 60s have saved up for retirement is dramatically less than that of married-couple households.
In fact, the median married household had in 2008 nearly 10 times more saved up for retirement than the median single-person household, $111,600 vs. $12,500.
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