Most workers have saved just $25,000 for retirement

CNN Money reports:

Most Americans have less than $25,000 saved up for retirement. And surprise!: Retirement confidence is at record lows.

More than a quarter, or 27%, of workers say they are "not at all confident" about retirement, according to an annual survey from the Employee Benefit Research Institute and Mathew Greenwald & Associates Inc. That's up from 22% last year, which was the lowest level recorded in the two decades the survey has been conducted.

Ouch.