As a former statistician, these numbers are missing context. You are correct to plan, plan, plan. There should be numbers that compare those who run out of money against those who did not have access to a 401K and those who did and so forth.
What do u mean run out of money? Like you have no money zero money. Or do you mean not enough. I'm still trying to understand this. 401k at a job is great but you can create your own payouts annuities etc. So again do you mean a person has zero coming in at the beginning of the month. No SS no nothing or that they need more money.
As a former statistician, these numbers are missing context. You are correct to plan, plan, plan. There should be numbers that compare those who run out of money against those who did not have access to a 401K and those who did and so forth.
What do u mean run out of money? Like you have no money zero money. Or do you mean not enough. I'm still trying to understand this. 401k at a job is great but you can create your own payouts annuities etc. So again do you mean a person has zero coming in at the beginning of the month. No SS no nothing or that they need more money.