If you saw a $5 bill lying on the sidewalk, would you pick it up? Assuming you didn’t see or know who dropped it, I think it’s safe to say that many of us would pick up the cash and be happy for the bit of good fortune.
Yet, according to a 2023 report from the U.S. Department of Labor, despite nearly 70% of U.S. private industry workers having access to employer-provided retirement plans, just 52% choose to contribute to one. With many of those plans offering employer-matching contributions, many Americans are leaving that proverbial $5 on the ground week after week — and short-changing their retirement.
