In many cases, employees don't actively manage their 401(k) portfolios because they don't know how to make good investment decisions, ... They feel safer doing nothing.
More Quotes from Lori Lucas:
With such little evidence that many employees understand or appreciate the risk of owning large amounts of company stock, diversification remains an issue in many plans.Lori Lucas
Employers are trying to give workers vehicles such as lifestyle funds that make diversification easier.
Lori Lucas
For the average person, these life cycle funds are an excellent option.
Lori Lucas
Retiree medical expenses are the big wild card. Most people will probably spend a lot more on medical expenses when they retire.
Lori Lucas
About 81 percent say they plan to save later.
Lori Lucas
Readers Who Like This Quotation Also Like:
Based on Topics: Decision Making QuotesThe miniskirt enables young ladies to run faster, and because of it, they may have to.
John Lindsay
We don't mind having sanctions banning us from Europe. We are not Europeans.
Robert Mugabe
So live that you wouldn't be ashamed to sell the family parrot to the town gossip.
Will Rogers