Our findings show that too many workers are not looking at their 401(k) savings as long-term in nature, but are instead using termination of employment as an opportunity to spend this money. -Lori Lucas

 

Our findings show that too many workers are not looking at their 401(k) savings as long-term in nature, but are instead using termination of employment as an opportunity to spend this money.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 9 total Lori Lucas quotes in our collection. Lori Lucas is known for saying 'Our findings show that too many workers are not looking at their 401(k) savings as long-term in nature, but are instead using termination of employment as an opportunity to spend this money.' as well as some of the following quotes.

Our findings show that too many workers are not looking at their 401(k) savings as long-term in nature, but are instead using termination of employment as an opportunity to spend this money.

Lori Lucas
262

Perhaps participants are growing accustomed to market fluctuations or they are simply waiting until the volatility subsides.

Lori Lucas
259
Toughest group of employees to reach. -Lori Lucas
214

Employers are trying to give workers vehicles ? such as lifestyle funds ? that make diversification easier.

Lori Lucas
188

Employees who do not contribute enough to receive their employer's full matching contribution are leaving free money on the table.

Lori Lucas
179
Many workers who are closer to retirement can be tempted to consume rather than save. -Lori Lucas
170

Retiree medical expenses are the big wild card. Most people will probably spend a lot more on medical expenses when they retire.

Lori Lucas
144