Visitor Poll Results
401k Planning often asks visitors their opinions on various retirement planning issues. Following are the results of these unscientific 401k Planning surveys:
SB 2832 would require 401(k) plans to inform workers of the projected monthly lifetime income they could expect at retirement based on their current account balance. Do you think this is a good idea?
- Yes, a good idea who's time has come (70%, 178 Votes)
- No, another unnecessary government mandate (30%, 76 Votes)
Total Voters: 254
Start Date: December 7, 2009 @ 8:15 am
End Date: No Expiry
The Employee Benefit Research Institute (EBRI) reports the average 401k balance dropped 24% in 2008. Did your 401k fare better or worse than the average?
- Worse - My 401k losses were > 24% (55%, 128 Votes)
- Better - My 401k losses were < 24% (45%, 105 Votes)
Total Voters: 233
Start Date: October 7, 2009 @ 6:04 am
End Date: No Expiry
The single most important funding source for my retirement will likely be (pick one):
- 401k or other defined contribution retirement program (59%, 82 Votes)
- Social Security (21%, 29 Votes)
- Defined benefit pension from my employer (11%, 16 Votes)
- Continued work - retirement not an option (4%, 6 Votes)
- Other (3%, 4 Votes)
- Inheritance or other windfall (1%, 2 Votes)
- Equity in my home (1%, 1 Votes)
Total Voters: 140
Start Date: March 20, 2009 @ 6:32 pm
End Date: No Expiry
