Middle-Aged Americans Are, Underprepared for Retirement, , Study Finds.br 'Newsweek' reports that people in the United States br who are approaching retirement age may be critically br underprepared when it comes to their savings.br According to Prudential Investments, Americans around br the age of 55 are facing a "midlife retirement crisis," br lacking the funds for a comfortable post-working life. .br A recent survey by the major insurance br provider found the average retirement br savings of a 55-year-old to be $47,950. .br This falls significantly short of the recommended br goal of having eight times a person's annual br income saved by the time they reach 55. .br According to the survey, 57 of 55-year-olds br said they expected to outlive the funds br they have currently managed to save.br That's compared to 59 br of 65-year-olds and br 52 of 75-year-olds.br The survey also found that one-third of 55-year-olds br and 43 of 65-year-olds have already been forced br to postpone retirement due to inflation.br Attention today is rightly centered on br the approximately 11,000 65-year-olds br entering retirement every week, but we br must also focus as an industry on the br opportunity to help a slightly younger br generation of workers entering the br critical 10-year countdown to retirement, Caroline Feeney, executive vice president and head br of Prudential's U.S. Businesses, via 'Newsweek'.br Further, the financial futures br of certain cohorts—such as br women—are especially precarious, Caroline Feeney, executive vice president and head br of Prudential's U.S. Businesses, via 'Newsweek'.br The upside is that, with the right br planning and strategy to protect br their life's work, we can ensure br this generation is well-prepared br to live not only longer, but better, Caroline Feeney, executive vice president and head br of Prudential's U.S.