Employer worry about worker retirement readiness is growing

The market crash of 2008 was a wake-up call for many 401(k) account-holders. At Aetna Inc., it raised awareness that some of its own employees might lack the financial preparation necessary for retirement. “The crash put a magnifying glass on 401(k)s and account balances,” says Carol Klusek, head of retirement and financial benefits at the […]

Boomers aren’t working forever, after all

Baby boomers have been talking a good game for years about working longer and reinventing the last third of life. Now that it’s game time, their retirement decisions look somewhat conventional. More than half the oldest boomers – those born in 1946 – had fully retired by the end of the year in which they […]