She writes
about workplace retirement plans and broader industry trends.
Not exact matches
However, one survey found that
about half of retirees said they retired earlier than planned due to health problems, changes at their
workplace, or other factors, suggesting that many workers may be overestimating their future
retirement income and savings.
About 30 % of working households don't have access to
workplace retirement plans, according to data from the Department of Labor.1
Leaders also need to recognize that this generation isn't wild
about the concept of waiting till
retirement to enjoy life; the type of work environment that attracts and motivates them is a meaningful, rewarding, and fun
workplace.
Or, if your
workplace savings plan is already with Fidelity, call your toll - free
retirement benefits line or log on to Fidelity NetBenefits ® to find out more
about the investment options available to you in your
workplace savings plan.
But what
about taking money from a 401 (k) or similar
workplace retirement plan that allows employees to borrow from their accounts?
Survey data also showed that while 41 percent of 35 - to 44 - year - old respondents are invested in a
workplace retirement plan, a third (34 percent) of respondents in that age group said they haven't thought
about their approach to employing different sources of
retirement income and less than a quarter (23 percent) currently work with a financial advisor.
Plan contributions: Did a client set a
workplace retirement contribution percentage years ago and forget
about it?
However, one survey found that
about half of retirees said they retired earlier than planned due to health problems, changes at their
workplace, or other factors, suggesting that many workers may be overestimating their future
retirement income and savings.
More than 15 million people own
about $ 400 billion of company stock in Fidelity - administered
workplace retirement plans alone.
About seven years ago, I encountered a circumstance in which a university was listed as the primary beneficiary of a deceased plan participant's
workplace retirement account.
If you're confused
about how much to save for
retirement, check with your employer to see if you have access to financial advice through your
workplace retirement plan.