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When it comes to saving for retirement, most American workers are not only falling short, they don’t even know how behind they are. What’s more disturbing, research shows that savings trends are getting worse, despite a decades-long push to enroll workers in 401(k)s and other employer plans.
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No Idea of What It Will Cost
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Spending Money is Easy Saving Money is Hard
Most people don’t grasp the power of compound savings.
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Many workers simply don’t understand what it will take to meet their goals.