No. Only half of the Americans have access to 401K. According to data from the U.S. Census Bureau, only 32% of Americans are saving for retirement in a 401(k).

No. Only half of the Americans have access to 401K. According to data from the U.S. Census Bureau, only 32% of Americans are saving for retirement in a 401(k). I would estimate much smaller percentage to have meaningful level of savings in 401K (> 10K).