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The New Economic Reality and the Workplace Retirement Plan

Sponsored By Prudential Financial, Inc.

Topics:: Employee Benefits & Human Capital > 401(k) , Defined Benefit

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Abstract:: Prudential Retirement conducted a study to better understand how well American workers felt their retirement savings had weathered the economic storm, and also to look ahead and gauge interest in more innovative workplace plans that hold the promise of better outcomes. In short, do Americans think it is time to re-evaluate how we plan and save for retirement? How do they feel about fully automated plans, which might eliminate do-it-yourself investment management? Are they willing to trade off some control and personal decision-making responsibility in order to follow a predetermined "auto-pilot" savings approach? In a word, as you will see, the answer was a resounding "Yes!"

DETAILS

Sponsored by: Prudential Financial, Inc.

Released: February 02, 2010

Length: 12 pages

Format: PDF (199 kb)

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