With turbulence in every corner of the world (including our wallets), the idea of financial resilience is especially important today. But between inflation and stock market volatility, retirement may feel even further away for many of us. In fact, half of worried retirees in a 2022 survey from the Employee Benefit Research Institute cited inflation as the key reason they felt less confident about living comfortably through retirement post-pandemic.
Even under ideal conditions, retirement planning can be complex — which is why it is strategically important to collaborate with your 401(k) plan financial adviser on how to communicate through and help participants navigate challenging economic conditions like those we face today.
