Think CEO Pay Is Outrageous? Get a Load of CEO Retirement Plans ...Middle East

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Think CEO Pay Is Outrageous? Get a Load of CEO Retirement Plans
Do you save enough for your retirement? Probably not. You know who does? Rich people. Not much of a surprise, I know. But you may not have considered how extravagant retirement planning for top executives beggars the rest of us. That’s something that never occurred to me before I read a new report on retirement inequality from the Institute for Policy Studies (IPS).The majority of working-age Americans have neither an employer-funded defined-contribution plan—typically a 401(k)—nor an employer-funded defined-benefit plan, known colloquially as “a real, honest-to-God pension.” Actually, almost no private-sector workers get real, honest-to-God pensions anymore. Opinions differ on what killed t

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