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Retirement In America Is Too Expensive, But It Doesn’t Have To Be

Headline: Retirement In America Is Too Expensive, But It Doesn’t Have To Be
Publication: Forbes
Article Date: Feb 13, 2019

“Because the U.S. private sector largely has shifted away from pensions to do-it-yourself 401(k) accounts, the only way Americans can hope to save enough money to maintain their standard of living in retirement is to diligently and consistently save throughout their entire career. But setting aside money from the first day of work until the last day is difficult for the 78% of Americans who live paycheck to paycheck.” Read article…

Study Quantifies How Much DB Plans Benefit the Economy

HeadlineStudy Quantifies How Much DB Plans Benefit the Economy
PublicationPlan Sponsor
Article Date: Jan 10, 2019

“According to a report from the National Institute of Retirement Security, Retirees with DB pensions know they are receiving a steady check despite economic conditions. In contrast, retirees may be reluctant to spend out of their 401(k)-type accounts if their savings are negatively impacted by market downturns. It also reports that each dollar paid out in pension benefits supported $2.13 in total economic output nationally.” Read article…

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