(Photo: Shutterstock)

According to new data from AARP, 57 million employees in the U.S. currently work for an employer that doesn't offer a traditional pension or retirement savings plan. Although this is a concerning statistic, it's not all that surprising. Individual financial independence and saving for the future is a commodity that is in short supply with the working class in this country. More importantly, there's a lack of understanding and experience to put money away for the "golden years."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.