Despite market volatility during the past four years, people in their 20s are actually investing more in equities in their 401(k) plans than previous generations did at the same age, according to research by Vanguard Center for Retirement Research.
"At least within 401(k) plans, we are not seeing a lost generation of retirement investors," said Jean Young, a senior research analyst at Vanguard Center for Retirement Research.
A recent Vanguard research paper, "Generations: Key drivers of investor behavior," one concern is whether this period of weak equity market returns has discouraged younger investors from taking stock market risk. The report theorized that a decade of weak returns would make younger investors wary of buying stocks.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.