other locations. A new study shows that Americans approach their golden years. Only half of us households have enough savings for retirement with just 31% of those folks polled having at least $100,000 tucked away Christian Guard's own spoke with a financial expert with Brighton Securities and joins us now with more Cristian. >> 3 says seems many Americans are set to rely on Social Security, which is about $22,000 per year. Financial expert Ethan Wade said that's just not enough. But there are some tried and true methods to ensure when you retire, you've got a security net. >> Ethan Wade with Brighton Securities says folks not having enough for retirement is nothing new, but it's not a reflection of the current economy. >> Savings being a challenge for Americans as we get closer to retirement has been an issue for decades. Wade says President Franklin Roosevelt created Social Security in the 1930's hoping that Americans wouldn't fall into hard times in their golden years. Social Security, though, should be a compliment rather than a full reliance. He says. >> President Roosevelt created it so that Americans could live slightly above the poverty line. >> What Social Security pays out can't be counted on to carry you through. >> The best way to say if you're currently employed is through your employer's retirement plan. >> And if you're lucky enough to max out your contributions, you can look at investment accounts as another option. About 40% of households have $100,000 in assets. What that means different things for everyone. >> Your home is an asset. Your checking account is an asset. Your retirement account is an asset for you. But the best thing you can do in your working years, Wade says it's simple to spend within your means live within your budget. >> And don't spend as much as able to bring. >> Wade leaves us all with this additional advice, young or old. No doubt something he's passing on to his son here. Griffin, there's a saying that the best time to have planted a tree was 20 years ago and the next best time is today. >> That means if you have some extra money tucked away or invest, there's no better time to start then. Right now. >> Theresa, Back to you, Christian, good advice. Thank
