Schwab 401(k) Survey Finds Savings Goals and Stress Levels on the Rise – Participants Now Believe They Need to Save $1.9 Million for Retirement
Anxiety about long-term retirement savings is up according to a new survey from Schwab Retirement Plan Services, and so is participant engagement. The nationwide survey of 1,000 currently employed 401(k) plan participants finds that saving enough for a comfortable retirement continues to be their leading source of significant financial stress.......