Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

Quality Assurance Manager

Nova 401(k) Associates

Nova 401(k) Associates logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

100 Largest CEO Retirement Accounts Equal 41% of American Families' Total Retirement Savings
Pensions & InvestmentsLink to more items from this source
Oct. 29, 2015

"The 100 largest CEO retirement accounts, worth a combined $4.9 billion, equal the total retirement account savings of 41% of American families, said a new report ... If converted to an annuity at age 65, CEO nest eggs, worth more than $49.3 million on average, would generate a $277,686 monthly retirement check for life ... In contrast, nearly half of all working age Americans do not have access to a retirement plan at work. The median 401(k) balance was $18,433 at the end of 2013, enough to generate a $104 monthly retirement check for life[.]"

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.