
A large percentage of Americans over 50, forlornly eyeing the balances in their portfolios, are getting worried they don’t have enough money to get them through retirement comfortably — or even get them through it at all, according to an AARP survey.
That’s a legitimate concern, because personal savings play an even greater role in a successful retirement than they once did. A generation or two ago, retirement for many people was nicely balanced on a three-legged stool — a pension, Social Security and savings.