5 years forward: Retirement industry predictions from a fintech entrepreneur

The retirement industry is at a crucial time in its history, facing a generational growth opportunity.

By Aaron Schumm | December 21, 2021 at 10:30 AM

upward trending arrow among lower arrows

The retirement industry is at a crucial time in its history, facing a generational growth opportunity, which I believe will be led by advisors who are able to efficiently scale their small business ERISA advisory practices.

Over the next few years, the small plan 401(k) market is projected to grow by 111% and will reach over 1,000,000 plans by 2025. The same projections estimate over 100,000 small businesses will set up a new 401(k) plan each year from that date forward.

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Self-funded healthcare is a health plan strategy that offers a number of advantages to employers over fully insured health plans, including new opportunities for cost containment, increased transparency, greater flexibility and more control over health plan design--all of which are reviewed in this guide.

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