Filed Under:Annuities, Fixed Indexed

Aon Hewitt survey reveals retirement savings gap

Photo credit: Thinkstock
Photo credit: Thinkstock

Workers need 11 times their final pay to meet their financial needs in retirement, but the average U.S. worker has a savings shortfall of 2.2 times pay, according to a new survey.

Aon Hewitt, the global human resources solutions business of Aon plc, published this finding in a survey of more than 425 U.S. employers, representing 11 million employees, to determine their current and future retirement benefits strategies.

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Nichole Morford

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