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Why Europeans Shouldn't Save For Retirement Yet
BusinessWeek; free registration requiredLink to more items from this source
July 14, 2004
Excerpt: France isn't the only country shunning IRAs. Britain and Germany both introduced such schemes in 2001, but only 3% of eligible Britons and fewer than 2% of Germans have signed up. That's a far cry from the U.S., where at least one-third of households have IRAs, and 50 million workers save for retirement through employer-sponsored 401(k) plans.

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