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Should the U.S. Mandate Private Pension Saving?

A recent report on Australia's mandatory retirement system, known as superannuation, found that the average Australian will retire on a nest egg of more than $500,000-five times the nest egg of a typical 401(k) participant approaching retirement in the U.S. Most workers are required to save 9% of pay. Could adapting features of superannuation reverse America's retirement shortfall?
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