How Many People Have A Retirement Plan? 
That is a great question ! The really short and really scary answer is not enough . And of those who do , the majority have found that it is nowhere near enough . The average retirement fund has enough to provide for three years of current standard living , but the average lifespan after retirement is fifteen years . What is going to happen those last twelve ? Add to that the rising costs of skilled care , -LRB- 70 % of Seniors will require some at one point -RRB- and even the little savings disappear quickly . Unfortunately , we do n't emphasize teaching people about retirement preparation , and as a result , 55 % of our Seniors live in poverty , and depend upon public programs that will soon be bankrupt to survive . I sincerely hope that is n't you , one day . If you are afraid it is , please contact me . Thanks for asking ! 