Most Americans Are Not Ready for Retirement | Business and Finance News

New research reveals that just 42% of Americans are on track for retirement, with baby boomers lagging worst—only 40% expect to maintain their current spending habits. Gen X and millennials follow closely behind at 41% and 42%, while Gen Z fares slightly better at 47%. The gap stems largely from older generations missing out on automatic enrollment and contribution boosts introduced after 2006. With less time to save, boomers face a steep climb—financial pros urge them to keep working, tackle high-interest debt first, and consider delaying Social Security. Small tweaks to retirement spending plans can make a big difference for everyone. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/024042ae77b64d6b