Featured Jobs
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
The Pension Source
|
|
Nova 401(k) Associates
|
|
Merkley Retirement Consultants
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
BPAS
|
|
July Business Services
|
|
DWC ERISA Consultants LLC
|
|
BPAS
|
|
Compensation Strategies Group, Ltd.
|
|
EPIC RPS
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
401(k) Participants' Investing Behavior May Leave Them Short
Charles Schwab 
June 11, 2019
"[A]lthough 401(k) participants believe they need $1.7 million, on average, to retire, many are not investing enough to reach that goal. The nationwide survey of 1,000 401(k) plan participants also reveals the outsized role of the 401(k) in Americans' financial lives, with most (58%) saying it is their only or largest source of retirement savings. Moreover, two-thirds (65%) of those surveyed say participating in a 401(k) plan was their first experience with investing -- yet when it comes to using a 401(k), 64 percent view themselves as savers rather than investors."
|
| 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). |