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Top 100 CEO retirement savings equals 41% of U.S. families

Retirement saving is easier when you're one of these CEOs--though some of their companies have cut retirement benefits for new employees.

By Jesse Drucker, Carol Hymowitz, Caleb Melby | Updated on October 29, 2015
KFC is owned by Yum Brands, whose former CEO David C. Novak has a total retirement savings of $234.2 million (photo: AP)

(Bloomberg) — The retirement savings accumulated by just 100 chief executives are equal to the entire retirement accounts of 41 percent of U.S. families–or more than 116 million people, a new study finds.

In a report scheduled for release today, the Center for Effective Government and Institute for Policy Studies found that the 100 largest chief executive retirement funds are worth an average of about $49.3 million per executive, or a combined $4.9 billion.

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