My colleagues at Money Management Executive have sussed out some interesting stats from Harvard economist David Laibson. According to the professor, although most of us still are saving too little for retirement, some 10% actually are saving too much!
MME reports that Laibson spilled to Bankrate.com that about one in 10 have up to 90% of their pre-retirement income, when you factor in Social Security and home ownership with 401(k)s and pension plans. He even says these super-savers are made up of people from all income levels.
