Magazine

Tidbits | Published in June 2012

Tidbits

Some quotes, survey statistics and musings to use in employee communications, or just as a break in the grind.

By PLANSPONSOR staff | June 2012

The American public overwhelmingly supports the penny, according to a recent poll by Americans for Common Cents (ACC). More than two-thirds (67%) of those surveyed favored keeping the penny in circulation.

Forty-three percent of male workers believe they are saving enough money to live comfortably in retirement, compared to 26% of female workers. The Principal Financial Well-Being Index also found that Americans who use the services of a financial professional are significantly more likely to have taken steps toward preparing for retirement than those who do not.

“I’ve learned that people will forget what you said, ­people will forget what you did, but people will never forget how you made them feel.” —Maya Angelou

Only 22% of Americans say they are saving for retirement by contributing to an individual retirement account (IRA), according to a survey by TIAA-CREF. The research, which polled 1,007 adults aged 18 and older nationwide, found only about four in 10 (38%) Americans who own an IRA contribute up to the annual limit, and 55% invest less than the maximum allowed amount each year.

Disney’s “Davy Crockett” series was the first on TV to have its theme song hit No. 1 on the U.S. charts. The song was “The Ballad of Davy Crockett.”

“Education is when you read the fine print; experience is what you get when you don’t.”
—Pete Seeger

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