Investment Instruments

Americans believe they'll need $1.2 million saved to retire comfortably, yet half expect to have less than $500,000 saved, which is why employers should consider offering more in-plan solutions to help employees transition to retirement, says a new Schroders survey.

While 49% of Gen Z thinks they will be able to retire early, only 30% of millennials and 31% of Gen X feel the same.

Plan participants have incurred substantially lower fees for holding mutual funds over the past two decades, according to new research from the Investment Company Institute.

Workers are feeling more optimistic about their retirement prospects and more confident they can achieve their retirement goals, according to a new Charles Schwab study.

Many employees (67%) believe their employer has a responsibility to help with financial planning because "if that's where my nest egg is, that's where my financial planning should come from," according to a recent EBRI webinar.

One key finding: 401(k) plan participants saved at historic rates in 2023, with the average participant deferral rate reaching a record-high 7.4%.