Thursday, June 04, 2009

 

Does Your 401(k) Need an Annuity?

If you’re like most workers today, you’re relying heavily on your 401(k) to help fund your retirement.

That could present a problem.

Most workers haven’t saved nearly enough to maintain their quality of life in retirement. A 2008 study by consulting firm Hewitt Associates, for instance, found that less than 20% of employees would be able to meet their needs in retirement...

Main Street: Does Your 401(k) Need an Annuity?

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