I have some good news and bad news about the state of retirement savings for Americans.
Let’s start with the bad news.
Torsten Slok shows half of American households have no retirement assets to speak of:
Young people still have time to play catch-up. It’s scary so many people 65 and older have no retirement assets to lean on. This is not great.
Now for some good news from The Wall Street Journal:
It took nea…