|
Benefits & Administration |
What Can Occasional Increases Do for Retirement Savings? |
Fidelity recognizes that Millennials will have a lot of expenses during their working lives, such as saving for a home, paying off student debt or unexpected health care costs. With this in mind, Fidelity studied the benefit of increasing savings by 1% every five years for a total increase of 5% over 25 years.Read more > |
Stock Market Volatility Shouldn’t Slow Retirements |
Two professors of economics at Wellesley College investigated the effect of stock market fluctuations on retirement decisions in the United States using data during the 2008-2009 recession and the dot-com crash of 2000–2002, and found short-term market dives do not generally slow retirements.Read more > |