Search
 

You can make 'course corrections' on path to retirement, study says

A new study looks at how we plan for retirement in terms of seven 'life priorities' -- and examines the 'course corrections' we're willing to make when we get off track.

By Marlene Y. Satter | Updated on February 23, 2017
Changing life priorities on the way to retirement may mean savers will have to correct their course. (Photo: AP)

A new study highlights ways that Americans are “correcting course” as they cope with changing life priorities on the way to saving for retirement.

According to the Merrill Lynch and Age Wave “Finances in Retirement: New Challenges, New Solutions,” a combination of factors, including increasing longevity and the “massive retirement wave” of boomers, is changing retirement itself with an amplification of “the opportunities and challenges of retirement in America, …. transforming [it] into a time of new beginnings, new challenges and new choices.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 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.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.