))
The Road to Better Retirement Outcomes with MFS' Jeri Savage
Manage episode 446214138 series 2903282
Content provided by 401(k) Specialist Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 401(k) Specialist Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In this episode of the 401(k) Specialist Podcast, we’ll travel down the road to better participant outcomes with MFS Investment Management’s Jeri Savage, who will direct us through the key insights from the newly released 2024 MFS Global Retirement Survey. Podcast Episode Player
Savage, Lead Retirement Strategist at Boston-based MFS, elaborates on some of the most impactful findings and explores how advisors and plan sponsors can help participants prioritize savings, improve retirement readiness, and navigate the complexities of target date funds.
Key Insights:
Target Date Fund Misunderstandings: Addressing misconceptions, especially the belief that target date funds guarantee income, will drive better participant outcomes.
Retirement Concerns: The 2024 MFS Global Retirement Survey shows that three-quarters of participants feel they need to save more to achieve better participant outcomes in retirement.
Competing Financial Priorities: Younger generations face significant financial challenges, like student loans, making it harder
104 episoade
Distribuie
