Perspectives - from millennials to baby boomersContributors Catherine Peterson, Anne Lester
AGE MATTERS, BUT SOME THINGS ARE INTERGENERATIONAL
The previously released articles in our series 2018 Defined Contribution (DC) Plan Participant Survey Findings explored the knowledge, behavior and attitudes of participants as a whole with respect to planning, saving and investing for retirement, as well as the steps plan sponsors can take to understand, motivate and streamline investment decision-making and further strengthen their plans.
NOT ALL PLANS AND PARTICIPANTS ARE THE SAME
Understanding the state of plan participants is critical. It’s important for plan sponsors and their advisors to bear in mind the distinct composition of their workforces and what motivates and appeals to different employee cohorts. In this article, we focus on differences in saving and investing by age, comparing selected survey results among those:
2018 Defined Contribution Plan Participant Survey Findings
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