BlackRock, Harvard: Retirees Don’t Know What They Want, but It Might Be Annuities
“You don’t get a radically different answer when you change the wording of a question about whether you want chocolate or vanilla ice cream, but with annuities you do,” says Harvard professor David Laibson.
BlackRock 401(k) Survey of DC Participants Shows ‘Shocking Gap’ Between Behavior and Intent
BlackRock 401(k) Survey of DC Participants Shows 'Shocking Gap' Between Behavior and Intent
Most employees participating in defined contribution plans say 401(k)s are more important to them than before the financial crisis, but their behavior shows a "shocking gap" between their ideals and ability to save, a BlackRock survey shows.