Waiting to save for retirement? You're not the only one. According to a report from Employee Benefit Research Institute (EBRI), 33% of workers say retirement savings aren't a priority relative to their current household needs. Common obstacles to saving include paying off a child's education or paying down debt.
The trouble is, delaying your retirement plan for too long puts you in a hole that's hard to climb out of. Increasingly, retirement readiness reports and studies show that too many savers are getting stuck in that hole.
Read on for 14 scary retirement statistics that should motivate you to stop waiting and start saving now.
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