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 comes 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 the tax-advantaged retirement savings opportunities. Some employers offer retirement benefits, while some do not. In this chapter, we will explore exactly why an employer should consider offering a plan.
Understand the current state of an ...