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America Saves Week Reminds Seniors to Save

February 18th, 2017 9:23 PM by Sharon Mason

America Saves Week Reminds Seniors to Save

Did you know? Just two out of every five U.S. households report good or excellent progress in meeting their savings needs according to the 2016 annual America Saves Week survey. Since 2007, Social Security has collaborated with America Saves Week to promote their shared mission of helping millions of people save for their future. This year, America Saves Week begins on February 27th. The week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.

The 2016 annual America Saves Week survey assessing national household savings revealed:

  • About half (52 percent) are saving enough for a retirement with a desirable standard of living.
  • Only 43 percent have automatic savings outside of work.
  • More men (74 percent) report progress with saving than do women (67 percent).

It’s never too early or too late to start planning for your financial future. In fact, savers with a plan are twice as likely to save successfully. If you want to start saving more for America Saves Week visit www.americasaves.org and either start or continue building a secure financial future for retirement. For more tips on saving for retirement or to located a retirement community in Arizona, please contact Sharon Mason today.

Your Arizona Retirement Expert,

Sharon Mason

RE/MAX Professionals

623-810-9988

www.RetireArizonaStyle.com 

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Posted by Sharon Mason on February 18th, 2017 9:23 PM

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