Despite the 401(k)’s importance, the average participant’s only investment strategy is to plow money into the accounts – then do nothing. They rarely if ever make changes to the investment selections their plans offer.
People age 35-plus don't think they will be able to retire when they hit the traditional retirement age. While 87 percent of those surveyed who are working full time say they want to retire someday with nearly 70 percent of those hoping to retire by 65
As older Americans approach retirement, many may be realizing their financial planning isn’t what it should have been.
While millennials can remember all the way back to their MySpace days, baby boomers may remember their family’s first color TV and “The Greatest Generation,” those American-s who fought World War II, may remember a time before their home had a telephone.