Lori Lucas Quotes (10 Quotes)

Our findings show that too many workers are not looking at their 401(k) savings as long-term in nature, but are instead using termination of employment as an opportunity to spend this money.

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.

the average person is not going to do anything.

For the average person, these life cycle funds are an excellent option.

Despite all the attention around retirement, it's discouraging to see that many people -- especially younger workers -- still do not feel a sense of urgency to take control of their financial security by investing proactively in their 401(k) plans,

Employers are trying to give workers vehicles such as lifestyle funds that make diversification easier.

The average person is not making any choices on a proactive basis, on an annual basis. We have more anecdotal evidence that the individuals are not really sure what the choices are.

About 81 percent say they plan to save later.

Retiree medical expenses are the big wild card. Most people will probably spend a lot more on medical expenses when they retire.

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.