Whether parents adjust their consumption after their children leave home has important implications for our understanding of retirement income adequacy.
The Department of Labor’s supplemental statement is a tonal shift rather than a substantive change that reflects the continuing courtship for defined contribution plans and private equity investments.
Research shows that replacing target-date fund equity allocations with private equity can boost retirement income adequacy for participants who have access to a plan and invest in a target-date fund.
KUALA LUMPUR, Dec 28 The Employees Provident Fund (EPF) sees fewer withdrawals by its members in the future to safeguard its future retirement needs and wellbeing. In a statement today, the retirement fund asserted its commitment to help its members rebuild their retirement income adequacy and.