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An Increasing Number of Americans Are Unfamiliar with Investment Options in Their Retirement Plans
TIAA-CREF Link to more items from this source
Feb. 26, 2015

"[N]early half of Americans (46 percent) are concerned about running out of money in retirement. Some of this concern may be justified by the fact that 39 percent of Americans say they are not familiar with their retirement plan investment options -- an increase from 33 percent in 2014.... [D]espite the number of people who are unfamiliar with the investment options in their retirement plan, the vast majority of respondents (85 percent) say they feel comfortable with the choices they have made. This gap highlights individuals' need for advice and education on how to save enough to create a steady stream of income in retirement."

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