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February 04, 2008 at 12:41 PM
The consumers who appear to be doing the best job of preparing for retirement are the ones who tend to feel most uneasy about their efforts.
Researchers at Massachusetts Mutual Life Insurance Company, Springfield, Mass., have published statistics supporting that conclusion in a paper based in part on survey responses from 17,000 individuals in 2,300 employer-sponsored retirement plans administered by MassMutual.
Participants filled out the questionnaires in September 2007 and October 2007.
Researchers also looked at the investment decisions of individuals who filled out the survey questionnaires.
