American families give themselves the best chance at a secure retirement by starting to invest as soon after they start working as possible, according to a study released today that was commissioned by three trade groups involved in the retirement sales industry.
The report, Saving Early – The Road to a Secure Retirement said that investing even small monthly amounts of money in a 401(k) or an IRA early in life can make a real difference in an individual's ability to retire comfortably.
"In fact, small contributions today often matter even more than big contributions down the road," the report said.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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.
