The reality is that most Americans are underprepared for retirement. The current plan deployed by many is to spend what you make, save as little as possible, and fall back on Social Security when it is time to retire. This is a broken philosophy that is both wrong and approaching the end of its potential realistic use. We need a new level of awareness. Further, we need to understand the amazing benefits offered by tax-advantaged retirement savings opportunities. Some employers offer retirement benefits, and some employers do not. We will explore exactly why an employer should consider offering a plan in this chapter.
• Understand the current state of ...