Retirement Savings Is a Bigger Crisis Than Health Care

Everyone talks about how health care is the biggest crisis facing retirees, but unfortunately that crisis takes a distant second to another, far more serious issue.A 2015 National Institute on Retirement Security study found that the median working-age household has just $14,500 in retirement savings -- woefully short of the hundreds of thousands in savings truly needed to retire in the first place.One of the authors of the 2015 NIRS study, Ilana Boivie, agrees that the $14,500 figure is startli