Despite all the dire warnings from financial advisers, relatives and the federal government, most Americans still aren't saving anywhere near enough money to afford the dignified retirement they all claim is so important to them and, worse, most don't even have any idea exactly how much they'll need even if they were to begin saving today for their golden years.

That's the sobering truth derived from the 21st installment of the Employee Benefit Research Institute's Retirement Confidence Survey.

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