Preparing Americans for retirement is at the forefront of priorities for lawmakers and industry, as putting off saving for retirement for even a few years will shortchange employees in their golden years.
According to new data released by the Insured Retirement Institute, waiting to contribute 10% of an employees annual income until the age of 35 rather than 30 will result in an 11% decrease in annual retirement income of the course of a 25-year retirement span.
Register or login for access to this item and much more
All Employee Benefit Adviser content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access