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International Business Times UK
International Business Times UK
Business
Akshay Puri

Retirement Crisis: Most Americans Have Less Than $1,000 Saved, NIRS Report Finds

A new report reveals Americans face a retirement crisis with only $955 saved on average, raising urgent concerns about financial security

The American Dream of a comfortable retirement is collapsing into a 'national emergency' as a bombshell report reveals the typical worker has just $955 (£755) put aside for their twilight years.

The National Institute on Retirement Security (NIRS) confirmed on 18 March 2026 that millions of households are entering old age with essentially zero private wealth, facing a brutal collision with soaring healthcare and housing costs.

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