More than 50 million American workers have no access to a retirement savings plan, according to AARP. That includes plenty of Arizonans. So why aren’t people saving early and how much do you need to retire well?
Source: Millions are not saving for retirement. Here’s how much will you need | KJZZ
The thing is, that statement is not true. Every American has access to a retirement savings plan. In fact there are several plans available to individuals and small business owners. Even if the statement was true, there is nothing stopping anyone from saving and investing.
The problem is not a way to save for retirement, it is the will to save.
QUINNSCOMMENTARY 
Yes, every year since 1975, those who do not have access to an employer-sponsored retirement plan have had access to a tax favored plan that is perfectly appropriate for the majority of Americans (other than the highest paid) – the Individual Retirement Account (IRA). That’s almost 50 years! And, since 1982, every American has had the option to save in an IRA – regardless of whether or not their employer sponsors a plan. That’s over 40 years! Data show that if you contributed the maximum to an IRA and earned 5% per year on your investments, the combination of your savings and Social Security are enough for a median wage worker to maintain their pre-retirement standard of living.
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You can take 50 million donkeys to water but you can’t make them drink.
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