A survey by JP Morgan Asset Management shows that even though about four in five respondents didn\u2019t change their contributions or investments during the COVID-19 pandemic, more than half feel say they\u2019re overloaded with information and don\u2019t know how to start planning for retirement.<\/p>\n\n\n\n
The survey indicates about 62 percent of participants wish they could just push a button and completely hand over retirement planning.<\/p>\n\n\n\n
Several other key trends emerged in the study: 1) Participants think they should be saving more than they are; 2) Participants\u2019 favorable\/neutral views of auto-enrollment continues to rise, climbing to 87% this year. Four in 10 survey respondents were automatically enrolled into their current plan; 3) About 90 percent identify retirement benefits as an important factor when deciding to stay with their current employers or consider a new employment opportunity; and 4) about 70% believe that their employer has a responsibility to help employees with their financial wellness.<\/p>\n\n\n\n
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<\/span><\/p>","protected":false},"excerpt":{"rendered":" A survey by JP Morgan Asset Management shows that even though about four in five respondents didn\u2019t change their contributions or investments during the COVID-19 pandemic, more than half feel say they\u2019re overloaded with information and don\u2019t know how to … Continue reading