Retirement Planning: Watch Out for No. 1

Lynott, Bill
July 2012
American Drycleaner (American Trade Magazines LLC (ATM));07/01/2012, p50
Trade Publication
The article discusses on retirement plans and savings. It states that according to survey conducted by Employee Benefit Research Institute (EBI),only 59 percent of U.S. nationals say they are currently saving for retirement, down from 65 percent in 2009. It mentions that less than half of workers do not know how much money they need after retirement. It states that phasing out of defined benefit pension plans and longer life spans are hindering factors to achieve a comfortable retirement.


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