28 ordspråk av Lori Lucas
Lori Lucas
About 81 percent say they plan to save later.
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Clearly, this is a challenging group to get thinking about their futures.
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Despite all the attention around retirement, it's discouraging to see that many people -- especially younger workers -- still do not feel a sense of urgency to take control of their financial security by investing proactively in their 401(k) plans,
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Despite all the attention around retirement, it's discouraging to see that many people -- especially younger workers -- still do not feel a sense of urgency to take control of their financial security by investing proactively in their 401(k) plans.
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Employees investing in their 401(k) plans profited from a strong market last year, but they still weren't engaged in the retirement savings process,
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Employees investing in their 401(k) plans profited from a strong market last year, but they still weren't engaged in the retirement savings process.
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Employees who do not contribute enough to receive their employer's full matching contribution are leaving free money on the table,
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Employees who do not contribute enough to receive their employer's full matching contribution are leaving free money on the table.
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Employers are trying to give workers vehicles ? such as lifestyle funds ? that make diversification easier.
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For the average person, these life cycle funds are an excellent option.
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If you save just 2% more and retire at 67 instead of 65, it dramatically improves your retirement outlook.
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In many cases, employees don't actively manage their 401(k) portfolios because they don't know how to make good investment decisions, ... They feel safer doing nothing.
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It's tended to be financial services firms or companies with employees who are investment-savvy. And they've been mainly responding to employee demand.
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Many workers who are closer to retirement can be tempted to consume rather than save.
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Our findings show that too many workers are not looking at their 401(k) savings as long-term in nature but are instead using termination of employment as an opportunity to spend this money,
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