The middle-class, in case we didn't already know, is in trouble. But it is suffering particularly when it comes to retirement saving, which it Just. Isn't. Doing.
The fifth annual Wells Fargo Retirement Study found that 34 percent of middle-class Americans aren't putting money away at all — whether it's for a 401(k), an IRA or some other retirement vehicle.
Among those ages 50-59, the number is worse: 41 percent aren't saving for retirement. Almost a third (31 percent) say they won't have enough money to "survive" on in retirement, and when it comes to folks in their 50s, that percentage rises to nearly half (48 percent).
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