Market Insights

Fears that such accounts would stop employers from starting retirement plans appear to be overblown, research suggests.

On average, Gen Xers expect to retire with $711,771 saved — far short of the $1,116,747 they believe is necessary for a comfortable retirement.

Retirement anxiety is also rising, with 63% of recent hires expressing concern about running out of money in retirement.

Artificial intelligence users are more engaged, more anxious and more risk-forward.

The latest survey also identified that 45% of employers have indicated that the current economic conditions have impacted their organization’s culture.