57%: Middle market U.S. households that are not saving regularly.

Nearly six in 10, or 57%, of middle market U.S. households are not saving regularly, according to the LIMRA Secure Retirement Institute. That figure jumps to 69% for households with children under age 18.

According to the survey, the top financial goal of middle market households is saving enough for a comfortable retirement. Yet half of these households say they would need to borrow to cover a $5,000 emergency. One-third have non-mortgage debt of $25,000 or more.

Plan sponsors and their advisors have many ways to help participants get their financial houses in order—whether in the middle, small or large markets. One way can be with educational meetings.  Consider teaching participants the basics of personal finance, and they might understand the importance of starting to pay down that debt or building a retirement nest egg.


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