Filed Under:Life Insurance, Life Planning Strategies

Report pegs outside retirement savings at over 55%

About 45 percent of workers have retirement savings outside of retirement plans established by their employers.
About 45 percent of workers have retirement savings outside of retirement plans established by their employers.

Close to half of workers have retirement savings outside of their current employers, according to a new report.

Towers Watson discloses this finding in an analysis of a 2010 Survey of Consumer Finances. Conducted by the Federal Reserve Board, the triennial survey gathers detailed information about the income, savings, benefits, investments and demographic characteristics of a 30- to 60-year olds currently working for companies with more than 100 employees.

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Nichole Morford

Nichole Morford
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