Financial Musings of a Burbank CPA: A third of people have nothing saved for retirement

As a follow up to another poll recently published, this poll by Bankrate.com shows 33%  of the people in the US have no retirement savings.  See the report in USA Today by Nanci Hellmich to get the breakdown:

http://www.usatoday.com/story/money/personalfinance/2014/08/18/zero-retirement-savings/14069937/

The scary part is 14 percent of people 65 or older have no retirement savings – how are they going to survive in retirement (maybe they will never retire?)

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