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Poor economy hasn't turned off retirement saving

Despite the economic downturn and a widely held belief that the country is heading into another recession, benefit plan participants are committed to saving money for retirement, according to the Mercer Workplace Survey.

By Paula Aven Gladych | Updated on September 29, 2011

Despite the economic downturn and a widely held belief that the country is heading into another recession, benefit plan participants are committed to saving money for retirement, according to the Mercer Workplace Survey.

Typically, there is a direct correlation between economic outlook and retirement behavior, the report said, but this year, despite deep economic concerns, participants seem to be renewing their focus on retirement savings and gaining confidence in their ability to do so.

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