Lori Lucas
Lori Lucas
average
the average person is not going to do anything.
percent plan save
About 81 percent say they plan to save later.
companies employee employees financial mainly responding services
It's tended to be financial services firms or companies with employees who are investment-savvy. And they've been mainly responding to employee demand.
leverage plans room
There's a lot of room for individuals to leverage investments in their plans to get the most out of their account.
appreciate company employees evidence issue large owning remains risk understand
With such little evidence that many employees understand or appreciate the risk of owning large amounts of company stock, diversification remains an issue in many plans.
average cycle excellent funds life
For the average person, these life cycle funds are an excellent option.
amount approach employees lack needs relying responsibility understanding
There just needs to be a different way employees approach it. There is a lack of understanding around the amount of responsibility individuals have when they're relying on a 401(k) for retirement.