The BlackRock survey also suggests that retirement planning does not get all the focus it deserves: When compared with a list of other common pursuits, planning for retirement ranks third among things that investors spent the most time on last year (20 percent), after planning vacations (30 percent) and exercising at the gym (29 percent).“It’s understandable that investors are not paying as much attention to retirement as they ought to, given today’s market uncertainty in addition to questions about how much they will need, how long they will live or where to invest,” adds Mr. Porcelli. “But investors don’t have to lower expectations for life after retirement. One of the most important steps they can take is to fully educate themselves about the facts of retirement and then ensure that their savings and investment strategies are fully aligned with those needs.”
New Data From BlackRock Investor Watch™ Survey Finds: INVESTORS LOWERING EXPECTATIONS FOR RETIREMENT LIFESTYLES -- AND INFORMATION GAPS, LACK OF PLANNING STILL POSE RISKS
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