I did some searching and seemed to find that the majority of Americans do NOT have a 401k or do not contribute a significant amount. "The typical household app

I did some searching and seemed to find that the majority of Americans do NOT have a 401k or do not contribute a significant amount. "The typical household approaching retirement had $135,000 in combined 401(k)/IRA assets. These assets will provide $600 per month in retirement, an amount whose purchasing power will decline over time with inflation. Moreover, only half of house-holds have any 401(k)-related holdings." [1] [1] http://crr.bc.edu/wp-content/uploads/2017/10/IB_17-18.pdf http://crr.bc.edu/wp-content/uploads/2017/10/IB_17-18.pdf