inflation

The Magic Number: Bridging the Divide Between Expectations and Reality
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
A troubling trend has emerged in the retirement planning space: The “magic number” — or amount of money Americans believe they need to retire comfortably — has surged to an all-time high, even as actual retirement savings have declined. This growing disparity or “magic number gap,” highlights a significant and escalating challenge for both participants  Read More →
Proposed Legislation Aims to Help Young Workers Put Time on Their Side
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Retirement planning often directs attention toward mid-career 401(k) participants and those nearing retirement — and understandably so, given their tighter timeline to secure post-retirement financial stability. But what about the youngest members of the workforce — the 18- to 20-year-olds, or those even younger? This demographic faces a potentially more challenging economic outlook than their  Read More →

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