Tag: economy
The effect of major events on the economy is often long-lasting. For example, the Great Recession triggered a large increase in the share of older workers – defined here as those ages 55 and over – who wanted to work but had given up even looking for a job…
Do participants understand their exposure to risk? It’s always interesting to look at Vanguard’s most recent edition of “How America Saves,” which summarizes the previous year’s activity for its 401(k) clients. Of course, the activity at any single company does not provide a complete picture of retirement preparedness. Individuals may have more than one 401(k) account…
