Bates & Company, Inc.
|
Compass
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Nearly Half of Physicians Fall Short of Recommended Retirement Savings Rates
Fidelity Dec. 2, 2015
"Despite strong average savings rates, nearly half (48 percent) of physicians are saving less than Fidelity's recommended savings rate of 15 percent with an average of only 9 percent.... Forty-eight percent are not maxing out their contributions to a qualified workplace plan ... a number that's even higher for female physicians (58 percent) than their male counterparts (45 percent).... Many pre-retirees (39 percent) are very aggressive in their equity allocation making their savings more susceptible to market fluctuations. At the same time, more than one-third of physicians in their 40s are conservatively allocated, thus limiting their potential for growth during their longer-term savings horizon."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |