Adjust text size Small | Large

Factoid of the Month

By 2015, defined contribution plans will grow rapidly to become one of the largest financial retirement markets, accounting for a third of the average household’s net worth.  By then, the DC market is likely to double in size to between $7.5 trillion and $8.5 trillion in assets under management. Higher DC participation and increased contributions will more than offset withdrawals of over $3 trillion by retiring Baby Boomers. (2008 McKinsey & Company survey on the retirement plan market)

Posted by Jackie Jackson, July 16, 2008 in Benefits Factoid.