Heres where the proof is in the pudding. A new Franklin Templeton survey released Thursday finds 66 percent of those who map out a retirement strategy with a financial advisor have an understanding of how much of their retirement savings they will withdraw annually in retirement.
By Jenny Ivy|January 26, 2012 at 07:54 AM
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Employer confidence about worker retirement security took a nose dive in the past year alone. According to Aon Hewitt, a prominent HR consulting firm, 30 percent of employers were very confident their workers will retire with adequate retirement assets in 2011. That number has now plummeted to 4 percent.
Retirement accountability could be a central theme this year as more than half of responding companies report they’re going to encourage workers to take greater responsibility for their savings. But companies are also stepping up plan features like auto enrollment and auto escalation to push workers to save the right amount to match their retirement deadline.
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