The good news from BlackRock's survey is that sponsors show an overwhelming willingness to evolve 401(k) menus with the growing imperative on retirement income. (Photo: Shutterstock)
For years, retirement plan providers, money managers and policy makers have been contemplating solutions to an inevitable problem for an aging society: How can retirees be assured a lifetime of saving can be accurately managed and spent to last a retirement that will span two decades or more?
With baby boomers retiring in droves, the retirement income meme is arguably as central to policy discussions as savings strategies.
Now, the issue appears to be trickling down to employers and savers in workplace retirement plans.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
