savings plan

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Do you hope to retire one day?  If you’re like most Utahns, the answer is a resounding yes.  AARP surveyed 1000 Utahns age 25-64, and 89 percent hope to retire from working completely.  (The survey, Making Retirement a Reality:  Helping Utahns Age 25-64 Save and Take Control of Their Future was conducted in December of 2014.)  Yet one in six of has less than $5000 in savings.  Given that the average lifespan is now nearly 80, it’s sobering to wonder how these people will have financial security in their retirement years.
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