Tag: 401k
Introduction While Social Security provides those ages 62 and older with a predictable stream of income, most households need other resources as well for a secure retirement. The bulk of these other resources come from employer-sponsored retirement plans, although more affluent households may save additional amounts on their own. With the shift from traditional defined…
The brief’s key findings are: Introduction As people approach and enter retirement, they face an array of risks – including the risk of outliving their assets, the risk of a large healthcare spending shock, inflation risk that erodes their income and wealth, and market risk that directly affects the value of their assets. Market risk has becom…
