Talking Points
Concerns and trends among retirement plan advisers and participants
Reported by PA
More Alternatives
Fifty-three percent of advisers expect to increase their allocations to alternatives by the end of this year.
Source: BNY Mellon / Pershing, “The Alternative Advantage”
The Future Can Wait
Nearly 4 in 10 young adults ages 22 through 35 list saving for retirement after other major financial priorities.
Source: Navient, “Money Under 35”
Saving for a Rainy Day
Seven in 10 employees say they would participate in an employer-based rainy-day savings program.
Source: AARP Public Policy Institute
‘Borrowing’ Worry
Twenty-five percent of 401(k) participants have an outstanding loan against their account—maybe why 75% of employers say they worry about the level of participant borrowing in their 401(k) plan.
Source: Alight Solutions