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401(k) Plan Sponsors: Workers Can't Afford to Retire

Outlet: 
U.S. News & World Report
Date Published: 
Wednesday, May 9, 2012

The retirement-plan industry regularly extols the virtues of 401(k)s and other retirement investment programs. Yet a survey of the heads of many big employer retirement plans found that nearly 80 percent of them agreed that "the days of working until the age of 65, retiring, and then never having to work again are generally over for most workers."

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