Retirement Saving By Age

May 31, 2012 at 8:01 am Leave a comment

The Employee Benefit Research Institute (EBRI) released their 2012 Retirement Confidence Survey.   The confidence results are located on their web site at http://www.ebri.org/pdf/surveys/rcs/2012/fs-04-rcs-12-fs4-age.pdf.  The survey includes a comparison of employees saving by age cohort over the past decade.   Surprisingly, there has been a 15% drop in saving from 70% in 2002 for ages 25-34. Are we educating this younger group appropriately?   Why the lower prioritization of retirement savings?

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

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