Than half have 10,000 or left put away. What can be done to get americans to save more . Thats our cover story. Retirement in the u. S. Is becoming increasingly selffunded. In 197938 of private employers offer pension. Now its just 13 . The guaranteed retirement benefit is still common for government workers and union members, but private employers are more likely to offer 401 k s, employees put a portion of their pretax salary into taxdeferred accounts. Employers can match those contributions, although they dont have to. Unlike pensions which pay a fixed amount, 401 k s can rise and fall with the stock market. The Great Recession temporarily wiped out of the Retirement Savings of many americans. Not all workers have action to 401 k plans. Nor than 30 million americans have no employersponsored plans. In fact one third of americans overall have nothing saved for retirement. Its even worse for women. 38 have no money saved compared to 30 of men. Over the next two decades, nearly 10,000
Put away. What can be done to get americans to save more . Thats our cover story. Retirement in the u. S. Is becoming increasingly selffunded. In 197938 of private employers offer pension. Now its just 13 . The guaranteed retirement benefit is still common for government workers and union members, but private employers are more likely to offer 401 k s, employees put a portion of their pretax salary into taxdeferred accounts. Employers can match those contributions, although they dont have to. Unlike pensions which pay a fixed amount, 401 k s can rise and fall with the stock market. The Great Recession temporarily wiped out of the Retirement Savings of many americans. Not all workers have action to 401 k plans. Nor than 30 million americans have no employersponsored plans. In fact one third of americans overall have nothing saved for retirement. Its even worseor 38 have no money saved compared to 30 of men. Over the next two decades, nearly 10,000 americans will reach retirement age eve