Americans rank poorly in global retirement survey

Many studies have shown that North Americans have not saved enough money to last them through their retirement years, and a new report shows they are not alone.

As reported by the Fort Mill Times, a Paris-based financial services company, Natixis Global Asset Management (NGAM), found the United States ranks 19th in the world for the level of retirement savings preparedness, behind Canada (13th), Australia ( 11th), and Japan (15th). The highest-ranked countries were all located in Western Europe.