With just a few years until retirement, 55-year-olds haven't saved nearly enough, study finds [Yahoo! Finance Canada]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: Yahoo! Finance Canada
· Fifty-five-year-old Americans have a median retirement savings of less than $50,000. That's bleak news for older Gen Xers who are only about a decade out from retiring — and a far cry from the target of having eight times your annual income saved by this age. “A lot of folks are behind, and that has important longer-term implications for retirement,” David Blanchett , head of retirement research at PGIM DC Solutions, told Yahoo Finance. “It's not easy. We can always find things that we'd rather spend the money on today than save for this thing that's going to happen in 10 or 20 or 30 years.” It's not just the future that looks grim. They're just squeaking by right now: More than one-third of 55-year-olds say they would have trouble putting together $400 to cover an emergency expense, compared to 19% of 65-year-olds and 15% of 75-year-olds, according to the survey from Prudential Financial ADVERTISEMENT Read more: How much money should I have saved by 50? It will take
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PRU
Earnings
- 4/30/24 - Miss
PRU
Sec Filings
- 6/24/24 - Form 11-K
- 6/17/24 - Form 4
- 6/17/24 - Form 4
- PRU's page on the SEC website