“Hoosiers are in slightly better shape for retirement than most other people in the country, according to a new report.
But that’s not saying much.
Only about half of Indiana’s private-sector workers participate in retirement plans, and the average amount saved is too low, according to a study released Thursday by the National Institute on Retirement Security.
“Most people probably aren’t going to have that much more (income) than Social Security,” said Diane Oakley, the group’s executive director.
Oakley said the research and education organization did the report to show states why future retirees could struggle.” -Indy Star