Of those surveyed, most said they believe the U.S. is in the middle of a retirement savings crisis.
TEXAS, USA — If you’re a working Texan hoping to retire, you might want to think twice about savings.
According to a recent survey from investment company BlackRock, some 32% of registered Texas voters haven’t saved any money for retirement, despite 78% planning to stop working eventually.
Of those surveyed, Gen Z adults to younger millennials were the group with the least amount of savings, at roughly 52% of all voters ages 18 to 34. Behind that group were Black voters at 46%; then women between 18 to 54 and women of color, tied at 41%; and finally, non-college educated voters, at roughly 39%.
While many voters don’t have any money saved for post-work life, roughly 62% of Texans surveyed said they have under $150,000 for their futures. Only a small fraction of voters surveyed, 18%, said …