Gen Z Workers Take Different Investing Approaches Than Older Generations
Plan participants born after 2000 raised their retirement contributions and invested in cryptocurrency and non-fungible tokens at higher rates than...
Tag: Millennials
Fidelity to Convert More Than $13 Billion of Mutual Funds to ETFs
The Fidelity small cap enhanced index fund was included in nearly 100 defined contribution plans, according to Form 5500 filings....
Millennials Retirement Readiness Fell the Most From 2020
Average retirement account balances increased by 5% from last quarter, in positive movements.
Retirement Contributions, Hardship Distributions Both Increased in Q1
Despite the markets dragging down retirement account balances, a snapshot of early-2023 activity shows workers still saving.
Benefits |
Employees Favor SECURE 2.0 Mandates, Larger Matches
Plan sponsors may bolster retirement plan engagement and contributions with SECURE 2.0 enhancements, a Natixis survey shows.
Report Reveals Increase in Number of Workers Delaying Retirement
Employees are now more than twice as likely to describe their personal finances as fair or poor, as they are...
Few Workers Expect to Reach Retirement Savings Goals
Millennial and older workers expect it will take greater than $1 million saved in a workplace retirement plan to retire...
Target-Date Funds Have Normalized Workers’ Equity Allocations
Extreme and age-inappropriate allocations by workers to equities, of either 100% or nothing, have been solved by the Pension Protection...
US Workers Increasingly Worried About Retirement Lifestyle Affordability
Rising costs have driven an increase in the rate of Americans who worry they might not be able to afford...
Language Messaging For Retirement Planning May Be More Dependable Communication
A New Capital Group survey examines the role of language and imagery in communicating with participants.
Young Workers Want Cryptocurrency in 401(k)s
Gen Z and Millennial workers are more likely to consider a broad range of retirement plan investments and want more...
Knot of Financial Challenges Derails Saving for Retirement
Goldman Sachs Asset Management finds a ‘financial vortex’ of challenges in competing financial priorities is preventing participants from saving sufficiently...
Millennials Would Liquidate Retirement Assets in Market Slump
Millennials would cash out their retirement plan assets in a market downturn, research shows.
Study Finds Millennials Are Less Likely to be Secure in Their Retirement
New research from the Pension Research Council shows job rates, marriage and home ownership down for early millennials.
Benefits |
Investors’ ESG Demands: Will More Plan Sponsors Be Forced to Act?
Studies about the concerns of Generation Z and Millennial investors indicate that they’re worried about retirement and care deeply about...
Focused Retirement Savers Are Not Dispirited by Inflation
A Principal survey of “super savers” shows that a majority have been saving more over the past two years than...
Benefits |
Plan Sponsors: Act Now to Link Student Loan Forgiveness and Retirement
Alight Solutions offers tactics for plan sponsors to boost workers’ 401(k) deferrals following the president’s student loan forgiveness announcement.
Workers Worry About Retirement Income as Prices Spike
Millennials lead Generation X and Baby Boomers in believing that they won’t receive any benefits from Social Security upon retirement.
Retirement Confidence Has Declined Across Generations
Gen Z is deferring an average of 14% of each paycheck for retirement savings, besting earlier generations.
401(k) Participation is High, But Few Contribute Up To IRS Limit
Gen Z women surpass the men in accumulated retirement savings with higher account balances on average, says a new report.