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Robert Powell: How to get all Americans to save for retirement

Retirement savings — at $25.3 trillion as of yearend 2016 — are at the highest level ever recorded.

But the retirement crisis continues, according to a recent World Economic Forum report. In fact, the worldwide retirement savings gap in 2015 is estimated to be $70 trillion, with the largest shortfall being in the U.S., according to the report. What’s even more worrisome is that the savings gap is growing at a rate of $3 trillion per year — just in the U.S. alone.

Read: We’ll Live to 100 — How Can We Afford It?

Part of the problem in the U.S.

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