Less than half of Americans believe they're on track for retirement. Here's how to know and what to do if you're not.

Oct. 10, 2024 - Business Insider

A divide exists about reaching financial goals between confident and uncertain savers. Inflation and market volatility are major obstacles to achieving retirement savings goals.

AdvertisementThere's a divide in America between the savers and investors who feel confident they're on track to achieve their financial goals and those who think they're not. Respondents cited inflation as the biggest obstacle to reaching retirement goals, followed by stock-market volatility, expenses, credit card debt, and child education.

For example, if you're 35 with an income of $100,000, you should have between $100,000 to $200,000 set aside for retirement...