MoneyWise :: 5 steps to get on the right retirement path in 2010

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Released: March 19, 2010

5 steps to get on the right retirement path in 2010

Source: Kathryn Canavan, USA TODAY (Free Registration)

The recession and stock market meltdown pretty much shattered Americans’ image of an idyllic retirement.

Shaky savings habits evident before personal wealth plunged are even more obvious coming out of the recession: 54% of workers have never tried to calculate how much money they will need for retirement, according to a survey released this month by the non-profit Employee Benefit Research Institute. Even among workers 55 and older, 47% still haven’t done the math.

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