Riding Out Layoffs: The Harsh Reality of Retirement Savings The AARP survey on retirement savings paints a stark picture: one in five Americans aged 50 and older have no retirement savings, while 61% worry they won't have enough money to support themselves later in life.
This is not just a numbers game; it's a human crisis that affects millions of people who thought they were doing everything right.
George, a 60 year old from Little Rock, Arkansas, found himself in this exact predicament after losing his job due to company restructuring.