The City of Torrance is reminding community members to save money!

Today through Oct. 22 is National Save for Retirement Week. Research shows that people in the United States are living longer and the cost of retirement is increasing significantly.

Recent data from the Employee Benefit Research Institute shows that across the country less than two-thirds of workers or their spouses are saving for retirement, and the amount they have already saved is much less than the amount they need to fund their retirement.