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Hype, like humor, works because it's based on truth, and this mantle of credibility is just enough to lead the fiduciary astray.
A perceived change created an uncertainty the retirement plan industry hadn't experienced in years.
When it comes to advising employees on how to retire in comfort, strategies and tactics exist that go far beyond merely saving more.
If plan sponsors want to elevate the odds of employee engagement regarding retirement, there's a clear map to get there.
It's a time for heroes as a perceived change created an uncertainty the retirement plan industry hadn't experienced in years.
If employees feel they're on course for a comfortable retirement, it gives them one less thing to worry about.
Believe it or not, anxiety is a healthy condition – for both retirement plan sponsors and plan participants.
This is why retirement plan fiduciaries must use five-year rolling returns when analyzing fund performance.
The SEC-mandated performance reporting simply does not reflect what a typical 401(k) saver sees in their asset growth.
What do you tell clients when you've told them everything they need to know to help them retire in comfort? Try 'Child IRA.'