man and woman with mouths open looking upset (Photo: Shutterstock)

Sure, there are tools and calculators, but a report from Cerullipoints out that more than 40 percent of participants in 401(k)plans don't have an official source for retirement advice—and amongthose with less assets, the gap is particularly severe.

In its report The Cerulli Edge—U.S. Retirement Edition, Cerullialso points out that fully half of plan participants in their 50sare in the same boat.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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