After 40 Years in 401(k)s, How Are Boomers Doing?

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With 401(k) plans turning 40 years old, a Schwab Retirement Services survey finds that a majority of boomers feel their own 401(k) plans are in better shape than ever.

In fact, 75% of boomer respondents believe that, and just 16% say they expect to work during retirement because they think they’ll need the money. Contrary to numerous headlines, 40% of this confident crew plans to work in some way during retirement because they want to, while 25% say they don’t plan to work at all.

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After 25+ years in financial, investment and other tax related services, I realized most business owners and successful employees weren’t getting specific actionable advice that was improving the bottom line results for themselves, their business or profession and their family. We think differently because we know that’s where value is created that benefits our clients.
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