The prospect of retirement is a time that many look forward to, envisioning a period of relaxation and enjoyment after years of hard work. However, a recent report from the Congressional Research Service has shed light on a concerning reality: a significant majority of individuals are not saving enough for their retirement. In fact, according to the report, a mere 8.5% of those contributing to a retirement account managed to reach the maximum allowable limit, indicating a widespread struggle to prepare adequately for the future. Read More
