When it comes to socking it away for retirement, automatic features make all the difference.
That's according to pre-retirees between the ages of 50 and 62 with household income of at least $80,000, who were surveyed by Ipsos Public Affairs in a study commissioned by New York Life.
According to 64 percent of respondents, specific automatic savings vehicles, designed to help people save in a disciplined, recurring way, gave them greater confidence going into retirement than other kinds of savings.
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.
