Investors are not adequately prepared financially for retirement, despite participation in retirement plans increasing, according to a "401(k) Benchmarking" survey by Deloitte Consulting of New York, in which more than 800 plan sponsors were surveyed electronically. Deloitte conducted the survey in conjunction with the International Foundation of Employee Benefit Plans and the International Society of Certified Employee Benefit Specialists, both of Brookfield, Wisc.

Twenty-one percent of respondents believe that "very few" employees are or will be financially prepared for retirement. Sixty-five percent said "some" employees would be prepared, and only 13% said "most" employees would be prepared.

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