Does Industry Affect Likeliness to Save for Retirement?

Our newest analysis suggests that the industry you choose to work in can have a profound effect on how likely you are to save for retirement in a 401k. While this might be partially due to the nature your industry, we find evidence that there are systematic differences - beyond a participant’s control - that contribute to the varying participation rates. Through this analysis we’ll get a glimpse into the industries that are leading America in preparing for retirement and those that need the most assistance.
For data on industries not included or questions please reach out to info@planprofessional.com.

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