Only six in 10 Baby Boomers and Generation Xers are expected to have sufficient retirement savings.
Estimated reading time: 0 minutes, 19 seconds
Factors Preventing Retirement Preparedness Identified
The Employee Benefit Research Institute has determined that a lack of access to a 401(k) program, or other type of retirement plan, and low income are the two most common factors that prevent employees from saving adequately for retirement. So reports USA Today.
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