The Growing Divide Between the Retirement Elite and Everyone Else

The Growing Divide Between the Retirement Elite and Everyone Else

There’s a growing retirement savings gap between workers with 401(k)s and those without.

Overall the typical American worker is on track to replace about 58% of current pay through savings at retirement. That’s according to a new Lifetime Income Score study, by Empower Retirement, which calculated the income workers are on track to receive from retirement plans and other financial assets, as well as Social Security benefits.

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