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Retirement Saving in Wake of Financial Market Volatility (PDF)
Investment Company Institute [ICI]
Dec. 21, 2008 16 pages. Excerpt: This paper summarizes results from two surveys conducted by the Investment Company Institute (ICI) in the past few months. With recent financial market volatility and millions of households personally directing their retirement savings, ICI sought to get a sense of retirement savers' reactions to the current market conditions. ICI took a two-pronged approach: surveying defined contribution (DC) plan recordkeepers regarding participant activity and conducting a household survey asking American households about their thoughts on their retirement accounts and retirement plan reforms suggested in policy circles. MORE >> |
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