"Retirement preparedness" refers to the state of being ready and financially secure for retirement. It means having saved enough money and made necessary plans to support oneself after stopping work. Full definition
There's no one - size - fits - all with this type of thing but this is another baseline to give people an idea of where they stand in terms of retirement preparedness. (awealthofcommonsense.com)
Being armed with information about retirement preparedness can inform one's decisions about savings rate, expense budget in retirement, and investment selections. (indexologyblog.com)
Frankly, the negative and scary statistics on American retirement preparedness have been there for a while, so what's changed? (thedigeratilife.com)