Retirement: Quick Facts

ABG’s comprehensive Retirement Plan Services are designed to streamline your company retirement plan and benefits offerings.

Consider the following food for thought:

  • 25 years ago (1991), 89% of American workers expected to be retired by at least age 65. Today (2016), only 57% of American workers expect to be retired by at least age 65 (source: Employee Benefit Research Institute).
  • 46% of 5,700 Americans surveyed do not have $400 set aside in cash to cover an emergency expense and would have to sell an asset or borrow the $400 to cover the expense (source: Federal Reserve).
  • Only 58% of American workers have access to an employer-sponsored retirement plan, i.e., either a defined benefit pension plan or a defined contribution plan such as a 401(k) (source: The Pew Charitable Trusts).

Contact your local ABG representative to learn more.