Retirement Security Matters: July 29, 2021
Buckle up friends, we got a chex mix bowl of goodies this week:
Cerulli Associates’ Anna Fang – on the secret desires of corporate plan sponsors
Fresh state stats – funded accounts up 36% year to date
Grant’s Go-To’s: The Cost of Health Care – Another Reason to Save
Even though many costs decline in the retirement years, health care costs increase. As people get older, they visit their doctors more frequently and use more prescription drugs. In addition, healthcare costs tend to outpace inflation. Retiree medical costs are a significant expense, and yet another reason why creating opportunities to encourage workers to save for their retirement years throughout their careers is so important.