West vs. East: How Our Views on Retirement Differ compares the expectations and savings habits of citizens of various countries throughout the world.
The article cites one important piece of the benefits of retirement planning this way, "The people who said that they have a financial plan for retirement save 2.5 times more toward retirement that those who don't."
Be that as it may, 50% of those surveyed have no such plan.
Still, these same people expect government and employer retirement benefits to be less generous in the future than they are currently.
The clear message is start saving, "since saving small amounts each month can make a big difference in the long run."