With each passing year, Americans are getting less ready for the future.
That’s the unsettling conclusion of a new study by Fidelity Investments, which found that U.S. adults are less prepared for retirement now than they were three years ago. According to the asset management, brokerage and custodial giant, the average American is on track to have only 78% of the income they’ll need in their post-work years — down from 83% in January 2020.
