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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[.]"

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