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More Than a Third of Americans Have a Goose Egg for a Nest Egg

For many Americans, their nest egg is just a shell: 36 percent have no retirement savings, new research from Bankrate finds. The problem is particularly acute for adults under the age of 30. Nearly 70 percent don’t have any money saved towards retirement, although this age bracket feels the most financially secure. “They also feel more secure in their jobs and more optimistic about their current financial situation than any age group,” Bankrate said.

While the minority of people who are saving are getting an earlier start, a significant percentage have lost valuable time for saving: A third of 30- to 49-year-olds have no retirement savings, along with more than a quarter of 50- to 64-year-olds. Two factors that increase the likelihood someone is saving for retirement are a college degree and a full-time job.

‘Saving for retirement is not cheap’

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-- NBC Contributor Martha C. White