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.
Perhaps participants are growing accustomed to market fluctuations or they are simply waiting until the volatility subsides.
Toughest group of employees to reach.
Employers are trying to give workers vehicles ? such as lifestyle funds ? that make diversification easier.
Employees who do not contribute enough to receive their employer's full matching contribution are leaving free money on the table.
Many workers who are closer to retirement can be tempted to consume rather than save.
Retiree medical expenses are the big wild card. Most people will probably spend a lot more on medical expenses when they retire.
There's a lot of room for individuals to leverage investments in their plans to get the most out of their account.
If you save just 2% more and retire at 67 instead of 65, it dramatically improves your retirement outlook.
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