Tom Taormina is 65 and has no retirement savings. The Virginia City, Nev., business consultant said it’s not for lack of trying. He and his wife, Midge, have tried to save and at one time invested in the stock market, but it’s all been depleted.

“We’re scrambling to make it through the next 20 years,” he said. “We’re doing everything we can to set money aside, but every time we do, something unforeseen comes up.”

They’ve downsized and cut expenses. He no longer drives a leased Lexus and now sits behind the wheel of a 2008 Subaru Forester. He also brought in an investor to help with his business, The Taormina Group Inc., a business consulting firm.

Once a quality control engineer with Ford Aerospace at Mission Control, he’ll get a pension of $140 a month, but that’s the extent of his planned retirement income.

His retirement plan consists of selling the business in 2014 and continuing on the lecture circuit. An author of 10 books on business and process management, he hopes to continue writing for additional income. His wife, who is 60, retired for about 12 years when his business was growing, but she’s returned to work as a teacher’s aide to help pay for health insurance, he said.

Like many workers their age, retirement isn’t an option right now. The prolonged recession is making it harder for many workers to set aside money for their retirement.

A survey by the Employee Benefit Research Institute shows the percentage of workers who say they’ve saved for retirement slid to 69 percent in January, down from 75 percent in 2009.

Perhaps more alarming is the increasing number of workers who say they have little or no retirement savings.

More than a quarter of those surveyed said they have less than $1,000 set aside. That’s less than a mortgage payment for many homeowners.

The trend is largely the result of the financial markets dragging account levels down and some workers tapping into the accounts after they or their spouse lost a job, EBRI’s research director Jack VanDerhei said.

David Burrows, 38, of Dallas, said he had to cash out one of two IRAs to help pay bills after closing down his advertising agency recently and laying off eight employees.

While he’s looking for a management level job, he’s doing freelance marketing work. His wife, Margaret, is continuing to contribute to her 401(k) at work but at the minimal match level for now, he said.

Saving for retirement is important to them, but conditions right now require intense focus on keeping up with bills. “I’m trying to budget for everything else and my IRA replenishment is on the back burner right now until we can move things forward,” he said. Any extra money is going into an emergency fund instead of retirement savings.

The EBRI survey also indicates most workers have no clue about how much they need to save for retirement. Less than half of workers surveyed say they’ve tried to calculate how much they’ll need to live comfortably.

With the growing access to financial information, including Web sites providing tools to figure it out, financial experts say it’s hard to imagine why people don’t do the math.

“I’m still disappointed, as a guy that’s been around 26 years in this industry, that more people aren’t taking the time to do the calculation to understand, ‘Do I have enough money for retirement?’” said Dan Houston, president of retirement and financial services for 401(k) provider Principal Financial Group.

It might help if workers were to look at their 401(k) as an income stream they’ll tap into at retirement rather than simply a savings tool, said Paul Yakoboski, an economist and principal researcher at TIAA-CREF Institute. It’s the research arm of the retirement planning organization.

He also suggests using a calculator to determine your spending needs in retirement, then working backward to figure out how much you should save to meet that need.

EBRI’s VanDerhei said although workers know they’ll simply have to work longer if they don’t put aside enough money now to live comfortably in retirement, it’s a risky proposition. That’s because workers assume they can just work longer to make up for the shortage. But in a recent EBRI study, nearly half of retirees said they left the work force sooner than planned because of their health, their spouse’s health, a job loss, or the needs of an aging parent.

Still workers’ confidence in their ability to have enough money to retire comfortably has stabilized —it remains near last year’s 20-year low. Those saying they’re very confident was 16 percent, about the same number as last year, but significantly lower than the 27 percent who were confident in 2007.

Retirees have lost even more confidence over time, with 19 percent saying they expect to have enough money to live comfortably. The percentage stood at 41 in 2007, fell to 29 percent in 2008 and sunk further to 20 percent a year ago.

On the Net Retirement savings calculator: http://tinyurl.com/dje7p