Great (Unmet) Expectations
Men and women alike underestimate how much money they will need in retirement. Thirty two percent of women and 28% of men calculated they will need less than $250,000 in savings, according to an annual survey from the Employee Benefits Research Institute and Mathew Greenwald Associates. Here we present some of the other findings from their survey. A condensed version of this appears in the current issue of Bank Investment Consultant.
Source: Employee Benefits Research Institute and Mathew Greenwald Associates