Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
November 16th, 2015
Benefits & Administration
Millennials Not Afraid of Investing
New research released by the Investment Company Institute (ICI) finds almost one-third of Millennial households owned mutual funds as of mid-2015. Not a big surprise, more Baby Boomer and Generation X households—with family members being older and more likely in their peak earning and saving years—owned mutual funds in mid-2015, at about 50% for each generation. However, while the share of Millennial households that own funds is smaller than that of older generations, these Millennials started investing at a younger age than previous generations, ICI says.Read more >
Retirement Realities Drive Women’s Social Security Decisions
Eighty-two percent of retired women currently collecting Social Security benefits took them early, according to a Nationwide Retirement Institute survey. Why don’t more women delay claiming Social Security?Read more >