Millennial Workers Require Special Plan Sponsor Menu Design

Millennials are the largest demographic cohort in the nation, U.S Census Bureau data shows. And up to 80 percent are already saving in their employer-sponsored retirement plans, according to a 2015 report from Bank of America Merrill Lynch. The newest generation of workers—which the Pew Research Center defines as those born between 1981 and 1997—has … Continue reading Millennial Workers Require Special Plan Sponsor Menu Design

Current Stresses Eclipse Retirement Planning for Working Millennials

Millenials, John Hancock, Financial Stress

In John Hancock Retirement Plan Services’ 2014 annual Financial Stress Survey¹, they discovered that working Millennials² experienced financial stress of a more immediate nature than their older counterparts. Almost a third of working Millennials say they are too worried about their current situation to plan for retirement. Sixty-six percent do not own a home. Fifty-nine … Continue reading Current Stresses Eclipse Retirement Planning for Working Millennials