With the U.S. economy in a prolonged upswing, it is time for economic policy to focus on challenges that not long ago might have seemed less immediate. One notable and vital challenge for policymakers is to ensure that American families have adequate savings for retirement.
While nearly 80 percent of those Americans who have already retired say that they have the income for a comfortable retirement, roughly half of current workers fear they will not meet this mark. To make matters worse, many of those workers are not taking advantage of the savings vehicles that will help allay this concern.
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