Retirement Solutions for the 21st Century
77 MILLION BOOMERS ARE CLOSE TO RETIREMENT. ONLY 1/3 ARE READY FOR IT.
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The statistics are startling.
In just three years, the first of nearly 80 million baby-boomers will become eligible to receive retirement benefits, and study after study has reached the same conclusion: only one-third of those boomers believe that they are financially prepared for a secure retirement. In fact, the average boomer has only saved about the equivalent of one year's paycheck.
In response to this growing challenge, Merrill Lynch has produced a white paper outlining 10 broad proposals aimed at helping to secure the future retirement of all Americans.
Download the Executive Summary Download 'Retirement Solutions for the 21st Century'
Section Downloads: 10 Proposals Section 1: Expand and Simplify IRAs Section 2: Expand and Simplify 401(k) Plans Section 3: Encourage and Protect Defined Benefit Plans Section 4: Eliminate Barriers to Investment Advice Section 5: Facilitate New Models for Retirement Section 6: Increase Savings for Lower- and Moderate-Income Workers Section 7: Encourage Saving for Retiree Health Expenses Section 8: Promote Lifetime Saving Section 9: Improve and Expand Financial Education Section 10: Remove Complex and Arbitrary Rules
Contact InformationFor further information, please contact:
Merrill Lynch Government Relations Office
1455 Pennsylvania Avenue, N.W., Suite 950
Washington, D.C. 20004
1-202-661-7100