Helping individuals plan for a lifetime of retirement income
Opportunities for helping workers create a path to a comfortable retirement, regardless of what that might look like.
By Jeff Cimini|October 14, 2020 at 08:05 AM
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Today’s market swings have once again reminded us that such uncertainty can have an amplified effect on a specific demographic: pre-retirees. Understandably, those nearing retirement are especially fearful of losing their hard-earned nest egg, which can often cause considerations for making changes to one’s investment allocations — without considering the long-term view.
Recent events — particularly COVID-19 — have also shifted the retirement mindset of many: Research from Voya found more than half (54%) of employed Americans, and a greater number (59%) of baby boomers, are now planning to work in retirement — noting an interest to have a “safety net” to cover unexpected expenses and prepare for market volatility as their reasons.
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