31% of Americans Have No Savings for Retirement That includes 1 in 5 who are near retirement age By Arden Dier, Newser Staff Posted Aug 8, 2014 2:49 PM CDT 301 comments Comments So much for a nest egg. (Shutterstock) (Newser) – Here's a scary stat for you, spotted by the Washington Post: About 1 in 5 people nearing retirement have no money for retirement. It comes from a newly released survey by the Federal Reserve of about 4,100 Americans. In total, 31% had saved no money for retirement, though the figure improved to 19% for those ages 55 to 64. What's more, 20% of people over 60 said retirement planning hadn't even crossed their minds, which probably explains why 24/7 Wall St. calls this "the next crisis." Another depressing find: Some 40% of non-retirees 45 and over have had to delay their pre-recession retirement plans. The problem doesn't just boil down to poor planning. "Many respondents, particularly those with limited incomes, indicated that they simply have few or no financial resources available for retirement," researchers say. In particular, a quarter of respondents said they were "just getting by," while 13% said they were struggling, CBS News reports. About 45% of people said they planned to rely on Social Security to pay the bills in retirement, while 25% gave the following answer: "I don't know." Just as many said they expected to work as long as they could, and another 18% planned to get a part-time job after retiring.