According to a disturbing documentary recently aired by PBS, The Retirement Gamble, it may be a very big gamble. Statistics compiled by the Employee Benefit Research Institute indicate that over 40% of Americans age 55 or older have no significant savings set aside for their retirement.
Take a look at Part 1 of the PBS series then view the rest of the documentary on the PBS site.
Watch The Retirement Gamble on PBS. See more from FRONTLINE.