Showing improvement, but needs more work
Fidelity Investments' most recent bi-annual retirement savings assessment, which features its "Retirement Preparedness Measure," shows that people are saving more and doing a better job of getting closer to their retirement goals. However, it also shows that a majority (55%) are still at risk of being unprepared to completely cover essential living expenses in retirement, such as housing, health care and food.
Scroll through our slideshow to see a demographic breakdown on retirement preparedness.
Data for this slide comes from Fidelity. Subsequent slides come from financial website GoBankingRates.com.