Almost Half of Americans Aren't Saving for Retirement

Nearly 50 percent of American adults aren’t saving for retirement, finds a study from the Certified Financial Planner Board of Standards and market research firm Morning Consult.

According to their report, higher income and middle-aged adults are more likely to say they are saving for retirement. Those who are saving for retirement are most likely to be contributing to a 401(k) or savings account.

The study also found 2 in 3 adults do not receive retirement saving advice from a financial professional, but over half of those who are not receiving help from a financial professional say they think they would benefit from receiving retirement saving advice.