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Stock impact report

Nearly half of working-age Americans don't have a retirement account—even 40% of workers nearing their 60s don't have any money stored away [Fortune]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Fortune
American workers have dreams of throwing in the towel by their mid-60s and spending the rest of their days in cushy retirement —but it's become less of a reality for most. In fact, many professionals aging towards their workforce exit could make the leap with thin financial safety nets. Recommended Video Nearly half of working-age Americans in the private sector don't have a retirement account, according to a recent AARP data analysis from Apollo Global Management 's chief economist Torsten Slok. As expected, those that are still building their careers are the worst off; about 57% of Gen Zers and young millennials aged 18 to 34 do not have a plan set up. However, the issue even extends to older generations who have decades of experience under their belts. About 43% of Americans aged 34 to 44 employed by private companies do not have a retirement plan in place, as well as 41% of those 45 to 54 years old, and 40% of U.S. workers who are 55 to 65. That means that around four in 10 Show less Read more
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