While 401(k) accounts have benefited from double-digit returns over the past few years, plan participants might not want to budget big for retirement quite yet, according to Russell Investments' 2015 Annual Global Outlook.
Key market predictions and economic forecasts for the coming year paint a slower, less volatile picture, with gains in the single digits, Fed tightening around the middle of the year, gradual improvement in the unemployment situation and a bump in 10-year Treasury yields.
In addition, other countries' central banks pursuing differing strategies will offer varying risks and opportunities. While strategists expect the situation will "turn out smoothly," they added in the report that "markets could be spooked if inflation pressures emerge and force more aggressive Fed action, or if Europe and Japan fail to respond to more stimulus."
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.
