Most investors between the ages of 21 and 50 are focused on saving for retirement, but most are not saving enough.
An online survey conducted by Harris Interactive on behalf of T. Rowe Price in August also found that some investors are not even sure how much they are saving.
The survey also found that nine out of 10 of those surveyed who had access to an employer's 401(k) plan are currently contributing to the plan. Seventy-two percent said that saving for retirement is their top financial goal, followed by maintaining or improving their current lifestyle (50 percent), creating or adding to an emergency fund (36 percent) and paying off debt (34 percent), such as credit card balances.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
