Staff
Only 18% of working Americans are saving more for retirement now than they were one year ago, according to a new Bankrate.com report.
Seventeen percent are saving less, and 54% are saving about the same amount.
This year’s results are virtually identical to last year’s. There has been some improvement since 2011, when 29% of working Americans were saving less for retirement than they were in 2010.
Employed Americans between the ages of 50 and 64 are the most likely of all age brackets to be saving less this year than last.
Upper-middle-income households are another trouble spot: 21% are saving less for retirement than they were last year, and only 14% are saving more.
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