Lori Lucas
Lori Lucas
companies employee employees financial mainly responding services
It's tended to be financial services firms or companies with employees who are investment-savvy. And they've been mainly responding to employee demand.
leverage plans room
There's a lot of room for individuals to leverage investments in their plans to get the most out of their account.
amount approach employees lack needs relying responsibility understanding
There just needs to be a different way employees approach it. There is a lack of understanding around the amount of responsibility individuals have when they're relying on a 401(k) for retirement.
percent plan save
About 81 percent say they plan to save later.
attention control despite financial investing people security urgency workers younger
Despite all the attention around retirement, it's discouraging to see that many people -- especially younger workers -- still do not feel a sense of urgency to take control of their financial security by investing proactively in their 401(k) plans,
accustomed growing market perhaps simply until volatility waiting
Perhaps participants are growing accustomed to market fluctuations or they are simply waiting until the volatility subsides.
average cycle excellent funds life
For the average person, these life cycle funds are an excellent option.