Tag: retirement

The brief’s key findings are: 401(k) performance is affected by the decisions of plan administrators as well as participant choices. Administrators choose mutual funds that perform worse than comparable indexes but better than comparable, randomly selected funds. When making changes to a plan’s fund offerings, administrators chase returns and do not improve performance. Participants also tend to…

No one really needs confirmation of how tough the Great Recession was. But the Center for Retirement Research at Boston College has quantified the decline – and it’s brutal. Investment losses and falling home prices placed 53 percent of U.S. households in danger of a decline in their standard of living after they quit working…