Transfer Assets Out of High-Risk Investments In a 2017 Nationwide Retirement Institute survey, financial advisors revealed some of the primary concerns of today’s pre-retirees, including maintaining their current lifestyle during retirement. These people also are less concerned with growing their assets; instead, they are focusing on drawing them down in a disciplined strategy without taking…

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When the 401(k) became popular, Pensions Stopped Being the Norm When employer-sponsored 401(k) plans were introduced in the 1980s, an unexpected consequence occurred: Pensions stopped being the norm. One reason is that companies found 401(k) plans less expensive than the traditionally defined benefit plans.1 At the time, 401(k) plans were touted as an opportunity for…

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