CFP Board Research Shows Almost One-Third of Americans Aren’t Aware of their Employer Retirement Plan OptionsSubmitted by Prosperity Advisory Group on June 6th, 2019
by Joel Morrison, CFP®, CFS®
According to a recent study conducted by the Certified Financial Planner Board, almost 3 out of 10 Americans do not know if their current employer offers a retirement savings plan and 1 in 4 say saving for retirement is too complicated.
Some people are getting help, though. 60 percent of Americans who report receiving retirement advice from a financial professional say they have “definitely” benefited from this service. Additionally, more than half (54 percent) of Americans believe they would benefit from receiving retirement savings advice from a financial professional, if they decided to use one in the future.
Whether you are a current client or are visiting this site considering whether to use our services, we encourage you to ask questions and become more aware of your retirement options.