Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
February 3rd, 2016
Benefits & Administration
Formal Written Retirement Plan Increases Confidence
A new LIMRA Secure Retirement Institute study finds that pre-retirees and retirees (ages 55 to 75 with financial assets of $100,000 or more) who have a formal written retirement plan are more likely to feel more confident they are saving enough for retirement and more than twice as likely to feel very prepared for retirement than those without one.Read more >
Student Loan Debt Pushes Up Retirement Risk
If today’s working-age households had the same level of student debt as those recently leaving college, an additional 4.6% would be at risk of having inadequate income in retirement, researchers found.Read more >