The CEOs of the largest 100 companies in the country have retirement funds with a collective worth of $4.7 billion. This is a sum equal to the retirement savings of the 41 percent of U.S. families with the smallest retirement nest eggs, a report found.
To Continue reading the rest of this article, Please click here to go to AdvisorNews.com.
AdBlocker Detected
We have detected that you are using an adblocker. The revenue we earn by advertisements allows us to publish quality content on InsuranceNewsNet.com.
If you wish to enjoy our content, please disable your adblocker and click the button below.
We hope you choose to whitelist our website and enjoy the content our team works hard to publish.
What a CEO does or does not do with their retirement savings has nothing to do with the choices made by average Americans. I’ve set up lots of modest monthly contributions for middle-class and lower-middle-class clients and I’ve never ONCE had a CEO come in and try to stop me from doing so. I have clients who’ve never made more than $40k/year who now have $500k+ in their retirement accounts because they started saving and investing early.
If you want to save more so you can retire one day, stop researching how much money CEOs have saved. Those CEOs are not going to save your money for you and you’re not going to make more money by trying to tear them down. Contribute more to your 401k or IRA.