Quote:
Originally Posted by sajoe
People with pensions and 401k accounts among workers today is rare. The last time I saw the figures 52% of the population are receiving some type of federal aid with the balance paying tax. How long can the government (and how many states?) operate at a deficit? As long as people BELIEVE a dollar is worth a dollar.
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2017 - but govt data is always slow to arrive!
Does the Average American Have a 401(k)? | The Motley Fool
"Data from the Census Bureau suggests that as little as 14% of all employers offer a 401(k), yet Census researchers recently estimated that 79% of Americans work for an employer that sponsors a 401(k)-style retirement plan. How is that possible? Large companies that employ high numbers of workers are the most likely to sponsor retirement plans.
All that said, not everyone who's offered an employer-sponsored plan actually takes advantage of it. Of those 79% of Americans who get the choice to fund a 401(k), only 41% opt to participate. As such, just 32% of the total workforce is saving in a 401(k)."
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Not sure if I have free time...or if I just forgot everything I was supposed to do!