In 2013, only 1 out of 5 workers has that same type of coverage.
Source: The Washington Post
The Takeaway: What does that mean for you? You can’t count on Social Security or benefits provided by your employer to make it through retirement. You absolutely need to save on your own, through an IRA or Roth, a SIMPLE-IRA, a 401(k) or other workplace plan, putting aside 10% to 15% of your earnings each year. Get started now – up to April 15 you can still put money into an IRA for last year, or in many cases set up a workplace plan offering big tax deductions.