Did you know that many pre-retirees’ actions today may fall short of what is needed to fund a secure retirement in the future? This National Retirement Security Week, we highlight some of the gaps between pre-retirees’ retirement expectations and actions and provide key steps they can take to help close these gaps and set them on the path to a successful retirement.
Read the 2018 Retirement Preparedness Study to learn more about how well individuals are preparing for retirement, and how they are responding to the challenges they face.
About The Study:
The 2018 Retirement Preparedness Study was conducted using an online survey among 1,514 adults living in the United States who met the following criteria:
Age 21 and up
Primary or shared responsibility in making household financial decisions
Employed full-time or part-time, self-employed, stay-at-home parent, or retired
The survey was conducted by The Harris Poll on behalf of PGIM Investments between January 18 and February 1, 2018.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional.
The target date is the approximate date when investors plan to retire and may begin withdrawing their money. The asset allocation of the target date funds will become more conservative as the target date approaches and for 10 years after the target date by lessening the equity exposure and increasing the exposure in fixed income investments. The principal value of an investment in a target date fund is not guaranteed at any time, including the target date. There is no guarantee that the fund will provide adequate retirement income. A target date fund should not be selected solely based on age or retirement date. Before investing, participants should carefully consider the fund’s investment objectives, risks, charges, and expenses, as well as their age, anticipated retirement date, risk tolerance, other investments owned, and planned withdrawals.
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For Compliance Use Only: 1011421-00001-00 Ed. 10/2018