Financial Vortex Challenges Retirement Planning
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Goldman Sachs Retirement SurveyYahoo Finance
•How to overcome the 'financial vortex' to save for retirement
81% Informative
Goldman Sachs Retirement Survey and Insights Report: 50% of people end up retiring earlier than they had planned.
Working longer, however, is not always the best backup plan, says Chris Ceder .
Ceder: 401(k) plans, as great as they are, are generally limited to what they know.
For those who have access to planning resources and tools, Ceder said it’s a matter of making sure the plans account for a worker's.
Technology will continue to play a large role in helping workers save for retirement, Ceder said.
Digital tools can ensure everyone has access to quality service, allowing advisers to step in for unique scenarios.
Artificial intelligence may be able to help plan participants understand their investment options or answer questions.
VR Score
81
Informative language
79
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50
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informal
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English
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