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This recent report suggests steady saving for retirement is not important

Alicia H. Munnell
This recent report suggests steady saving for retirement is not important

The thrust of a recent Investment Company Institute (ICI) study, “Who Participates in Retirement Plans, 2016,” seems to be “Don’t worry if young people and others aren’t saving for retirement. This sanguine assessment of participation in retirement plans is buttressed by selective information on participation rates in retirement plans and amazing replacement rates from Social Security.