John Scott

Robin Delucia had to reenter the workforce after initially retiring at 70 because she couldn’t live on her nest egg. And she’s not alone. Nearly a third of retirees are considering going back to work for the same reason as Robin: Their savings aren’t enough to cover their expenses. And what about Americans who are currently working and want to eventually retire? Many are struggling to save enough for the retirement they hope to have.

Retirement security is largely dependent on people saving money through a plan provided by their employer, but millions of Americans lack access to this important benefit. Research shows that workers are 15 times more likely to save for retirement if they can use payroll deduction, but many small businesses are unable to offer retirement benefits due to high startup costs and a lack of administrative capacity.