More than half of Americans say they're not on track to retire.
Around 56% of Americans who are working full-time, part-time or are temporarily unemployed feel that they are behind on their retirement savings, according to Bankrate's September survey.
And nearly 25% of workers say they haven't made contributions to their retirement accounts in at least a year.
Before you determine whether you're ahead or behind on your retirement savings, it can help to have an overall goal in mind.
In general, you should aim to have 10 times your preretirement income saved by the time you reach age 67, according to Fidelity.
Persons:
Mark Hamrick
Organizations:
Fidelity, Northwestern Mutual