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. |
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, |
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. |
Perhaps participants are growing accustomed to market fluctuations or they are simply waiting until the volatility subsides. |
Retiree medical expenses are the big wild card. Most people will probably spend a lot more on medical expenses when they retire. |
the average person is not going to do anything. |
The average person is not making any choices on a proactive basis, on an annual basis. We have more anecdotal evidence that the individuals are not really sure what the choices are. |
There clearly is a lot of room to maximize usage of these plans. |
There just needs to be a different way employees approach it. There is a lack of understanding around the amount of responsibility individuals have when they're relying on a 401(k) for retirement. |
There's a lot of room for individuals to leverage investments in their plans to get the most out of their account. |
toughest group of employees to reach. |
We've noted over the past year that 401(k) participants' reaction to the bear market has been best characterized as |
With such little evidence that many employees understand or appreciate the risk of owning large amounts of company stock, diversification remains an issue in many plans. |