A growing gulf in the retirement savings of the wealthy and people with lower incomes threatens to exacerbate an already widening wealth gap.
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Traditional pensions are becoming rarer in the private sector, and lower-paid workers are less likely to have access to an employer-provided retirement plan.
This is happening as more than 70 million baby boomers head into retirement, many of them with skimpy reserves.
A widening gap in retirement is likely to put pressure on government services and lead even more Americans to work well into what is supposed to be their golden years.