Younger retirement plan participants are more likely to use online retirement calculators, interactive charts and mobile apps in preparing for retirement than their older counterparts, according to a retirement participant survey conducted by the American United Life Insurance Co., a OneAmerica company.
More than 60 percent of retirement plan participants under age 40 said they found online retirement calculators most helpful, compared to 51 percent of those age 41 to 50 and 41 percent of those over age 50.
Sixty-seven percent of the over-50 crowd also found articles most helpful in making retirement decisions, compared to only 45 percent of those between the ages of 20 and 30.
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