Study Results – Only 51% of Americans Are Contributing to a Retirement Plan
Findings from a recent survey show that almost half of Americans are not contributing to their retirement. This survey was hosted by LIMRA in April. It was based on a nationally representative survey of 2,697 Americans who are the primary financial decision makers or share responsibility for making financial decisions. Although the overall percentage was troubling, the results for ages 18-34 showed that a majority (56%) were not setting aside funds for their retirement. “The findings from this survey were disturbing, given that people will...
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