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More than one-third of Americans — 37% — feel unprepared or unsure if they are on the right track for retirement. It's the first time in several years that data from The 2022 BlackRock Read on Retirement survey indicates a notable decline in confidence among savers participating in a workplace retirement plan, down from a peak of 68% in 2021. Among savers who did not have access to a workplace retirement plan, only 51% feel they are on track for retirement.

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