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MANY NOT FINANCIALLY PREPARED FOR RETIREMENT


February 4, 2005

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Nearly half of U.S. Workers are financially ill-prepared for retirement.

AccountingWEB.com – Nearly half (45 percent) of the U.S. workforce does not believe it will have enough money set aside for a comfortable retirement. This according to the latest national Hudson retirement survey, which also finds that three-fourths (74 percent) of U.S. workers plan to work at least part-time during their retirement years. Forty-one percent of workers plan to retire before they reach the age of 65.