| | Benefits & Administration | | ‘Finger Wagging’ Undermines Financial Wellness Programs | | When it comes to saving, Americans are more inclined to set aside earnings for purchases that can be enjoyed sooner rather than later, leading to biases against the “long-term” language increasingly stressed by the retirement planning industry.Read more > | | Millennials' Retirement Expectations Don't Match Savings | | Millennials are looking forward to retirement in new and refreshing ways, suggesting that retirement in the future could become something very different from what it is today, according to the latest Merrill Edge Report, a survey of 1,000 mass affluent Americans. Fifty-three percent of Millennials say that retirement can be the start of something exciting. Ten percent say they are likely to further their education, and 7% say they might start their own business. However, only 18% gave themselves an “A” when asked to grade themselves on how well they are preparing for retirement.Read more > |
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