"More Workers Erroneously Think They’re Saving for Retirement"

66% of eligible workers who aren't contributing to their retirement plan think they are. Up from 59% in 2023.

Principal Financial Group calls it "participant illusion." Ed Prince has the full data for Rethinking65.

https://rethinking65.com/more-workers-erroneously-think-theyre-saving-for-retirement/

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