Growing Number of Older Americans Face Retirement Uncertainty

A recent AARP survey reveals that over a quarter of U.S. adults aged 50 and above may never retire, highlighting a deepening retirement crisis.

One in four older adults has no retirement savings, exacerbating fears of financial insecurity.
Daily living costs and rising prices are the primary barriers to saving for retirement, with 70% worried about income not keeping up with expenses.
Significant credit card debt among older adults, with 12% carrying balances of $20,000 or more, adds to financial strain.
Lack of access to employer-sponsored retirement plans leaves many without sufficient savings options.
The financial health of Social Security and Medicare is in jeopardy, with funds expected to fall short within the next decade.