On top of this, more than three in four worry Social Security could be extinct by the time they retire.
Half of retirees say they spend less in retirement than they did in their working years.
"Having a plan in place to manage their finances can help retirees feel confident about spending their assets and address...
Outflows were primarily from target-date (35%), emerging markets (27%) and company stock (27%) funds, the Alight Solutions 401(k) Index shows.
Together, they supply 40% of retirees’ income.
The women are also far more risk-averse, PNC Investments learned in a survey.
The blueprint calls for nine design features of the new contract.
That is followed by not saving for an emergency, and taking on too much credit card and too much student...
Nearly half would like a digital retirement coach, an Accenture survey found.
More plan sponsors this year than last have voiced a concern that their workers may have to delay retirement; this...
Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found...
A report from the National Institute on Retirement Security shows that 66.2% of working Millennials have nothing saved for retirement.
Fifty-one percent are not actively contributing to a 401(k) plan, Edward Jones found in a survey.
Of all factors, salary was found more likely to encourage savings both an HSA and 401(k).