Reports of American workers being short on their retirement funds are rampant. The National Institute on Retirement Security frames the "underfunded" issue in real dollar terms, noting that retirement savings are "dangerously low", and the U.S. retirement savings deficit is between $6.8 and $14 trillion.
Yes, too many Americans are underfunded in the retirement accounts – but how do you know exactly how much you're underfunded? And better yet, what are the best ways to catch up?
Read Full Article »