A growing number of Americans recognize that they're not saving as much as they should for retirement, a shift in attitudes that experts hope will lead to improved saving practices in the future.

A recent survey from retirement services provider Fidelity Investments found that 83 percent of workers recognized that they were saving too little for retirement, up from 78 percent a year ago. The survey also found that American workers were saving at a rate that would allow them to only replace about 57 percent of their pre-retirement income after they stop working -- a figure factors in Social Security benefits, pensions, workplace savings and private savings.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access