Did You Know?
- ERISA Turns 50: Fifty years ago, President Gerald Ford signed the Employment Retirement Income Security Act (ERISA) into law, setting standards for retirement plans.*
- Financial Regrets: A staggering 77% of Americans have financial regrets, with the most common being not saving for retirement early (22%) and not saving enough for emergencies (18%).**
- Social Security Concerns: Over 81% of Americans fear that Social Security funds will be significantly diminished by 2035, with 73% saying it will directly impact their financial planning.***
Sources:
*US Bureau of Labor Statistics
**Bankrate.com
***Atticus