42% of Americans have less than $10k saved for retirement

About 42% of Americans will be broke at retirement age, according to study released today by GoBankingRates. Top three reasons why: "I don't make enough money (40.1%)," "I'm struggling to pay bills (%24.9%)," "I used my retirement savings for an emergency (9.9%)"

[via CNBC]

Image: Shutterstock

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