7 habits of highly confident retirees

Concern about retirement readiness is top of mind for many employers, their benefit advisers and especially their employees. A BlackRock survey of retirement plan participants found most (92%) agree they stand to learn a few things about retirement confidence from current retirees. The company has identified seven habits that highly confident retirees practiced throughout their working career. They are “easily understandable and easy for today’s participants to emulate,” the company says.

Many participants ignore their plans, but engaged participants regard their plan as a source of information and guidance, BlackRock says. They want to know the current best thinking about retirement savings and they act accordingly.