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Deleted member 28227
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55% of non-retirees have a 401k or 403bWhat surprises me is is why those people would gripe that companies make a higher profit with tax cuts that results in shareholders benefitting via stock prices and dividends. Makes one skeptical
25% have nothing
Median retirement savings of American households ~$65k
Mean retirement account value of folks 55-65, so not averaging in the millions without any retirement, is < $140,000.
So a lot of folks are left out and or don’t benefit much from the stock market.