Research says more Americans are saving for retirement

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(WILX) -- New research this morning showing Americans are saving more for retirement this year.

That's according to a new Bankrate.com study.

The research says 28% of employed Americans say they are saving more for retirement this year compared to last year.

Only 13% say they are saving less than last year.

The age group most likely to be ramping up retirement savings is older millennial ages 28 to 37.

Americans list stagnant income as the top reason they aren't saving more.