Posts Tagged ‘Retirement’

Employers Worry More About Knowledge Drain Than Delayed Retirement

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Employers remain more worried about the impact of the knowledge drain on their businesses than the number of employees who have delayed retirement due to the global financial crisis, according to a new study.  The MetLife Emerging Retirement Model Study found that 74% of employers are primarily concerned about experiencing a knowledge drain as older workers retire (versus delayed retirement); just 26% said they are primarily concerned about the impact on their overall workforce as older employees delay retirement.

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More Americans plan to delay retirement: surveys

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Published in Reuters October 22, 2009 by Ross Kerber
More Americans plan to delay retirement following steep drops in the value of their savings accounts, data from several new surveys show.
A study to be released on Thursday by Canadian insurer Sun Life Financial Inc found 65 percent of U.S. workers plan to stay on the job at least one more year than planned, an 11 percentage point increase from a similar survey in January.

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Falling Account Values Erode Confidence of 401(k) Investors

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Published in SHRM April 14, 2009 by Stephen Miller

The economic downturn of 2008-’09 has eroded the retirement confidence of 401(k) participants severely.

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401k Plans are Easy to Fix: Use A Hammer

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expert perspective telescopeExpert Perepsective by Grahall’s Robert Cirkiel

In the December 13, 2008 article by Anne Tergesen (journalist for The Wall Street Journal), published in the in the Wall Street Journal the author suggests that “[t]he financial meltdown has fueled a call to change – or replace – [401k] retirement accounts.”

Well here’s my thinking. I say, Start Over!!!


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