When it comes to socking it away for retirement, automatic features make all the difference.
That's according to pre-retirees between the ages of 50 and 62 with household income of at least $80,000, who were surveyed by Ipsos Public Affairs in a study commissioned by New York Life.
According to 64 percent of respondents, specific automatic savings vehicles, designed to help people save in a disciplined, recurring way, gave them greater confidence going into retirement than other kinds of savings.
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