Suze Orman warns Americans underestimate key retirement need
Failing to plan for it could cause a world of undue financial stress.
The U.S. is deep in the throes of a retirement financial crisis. An estimated one in five Americans 50 and over has no retirement savings, per AARP. And many retirees wind up heavily reliant on Social Security benefits in the absence of other income.
Part of the reason for this savings crisis boils down to misconceptions about retirement.
