(Photo: Shutterstock)
When it comes to saving for retirement, surveys tend to indicate that most Americans are still ignoring comprehensive retirement planning. Some simply cannot afford to put anything aside — stagnant wages and the recent COVID-19 pandemic have created many empty wallets – but even those with disposable income seem to prefer sitting in traffic or enduring a painful dental procedure to thinking about their lives 20 or 30 years into the future. In fact, before the pandemic, surveys found 66 percent of millennials had no retirement savings and the upheavals of last year have even forced some to dip into their 401k accounts.
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.
