PLANSPONSOR - October 2017 - 20

Upfront
Millennials' Individual Responsibilities
Who Do You Believe Has the Most Responsibility in Ensuring
People Have a Secure Retirement?
n Individuals n Employers n Government
14%
9%
13%
Millennials
69%
Generation X
78%
Baby Boomers
83%
7%
11%
4%
Seven out of 10
Millennials (69%) believe
individuals have
primary responsibility
to ensure they have a
secure retirement. Still,
many Millennials believe
employers (13%) or the
government (14%) have
the most responsibility
to ensure that.
Should All Employers Be Expected to Provide a Retirement
Savings Option?
n Yes n No n Not Sure
6%
15%
22%
Millennials
Generation X
17%
Baby Boomers
80%
69%
71%
9%
12%
Millennials see
access to a retirement
savings plan as a
basic expectation
for employers. Eighty
percent of Millennials
believe that all
employers should be
expected to provide
a retirement savings
option, compared with
71% of Baby Boomers.
How Many Jobs Have You Held Over the Past Five Years?
n One job n Two jobs n Three jobs or more
10%
30%
34%
Millennials
26%
Generation X
Baby Boomers
18%
6%
64%
36%
Source: Capital Group
75%
Thirty percent of
Millennials have held
three jobs or more over
the past five years,
compared with 10%
of Gen Xers and 6% of
Boomers. A further 36% of
Millennials have held at
least two jobs. Only onethird
(34%) have held just
one job in the past five
years, compared with
nearly two-thirds (64%)
of Gen Xers and threequarters
(75%) of Boomers.
20 PLANSPONSOR.com October 2017
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PLANSPONSOR - October 2017

Table of Contents for the Digital Edition of PLANSPONSOR - October 2017

Moving Money
403(b) / 457 Buyer's Guide
Best Practices for the IPS
The Middle Ground
Questions, Answered
Navigating RMDs
PLANSPONSOR - October 2017 - Cover1
PLANSPONSOR - October 2017 - Cover2
PLANSPONSOR - October 2017 - 1
PLANSPONSOR - October 2017 - 2
PLANSPONSOR - October 2017 - 3
PLANSPONSOR - October 2017 - 4
PLANSPONSOR - October 2017 - 5
PLANSPONSOR - October 2017 - 6
PLANSPONSOR - October 2017 - 7
PLANSPONSOR - October 2017 - 8
PLANSPONSOR - October 2017 - 9
PLANSPONSOR - October 2017 - 10
PLANSPONSOR - October 2017 - 11
PLANSPONSOR - October 2017 - 12
PLANSPONSOR - October 2017 - 13
PLANSPONSOR - October 2017 - 14
PLANSPONSOR - October 2017 - 15
PLANSPONSOR - October 2017 - 16
PLANSPONSOR - October 2017 - 17
PLANSPONSOR - October 2017 - 18
PLANSPONSOR - October 2017 - 19
PLANSPONSOR - October 2017 - 20
PLANSPONSOR - October 2017 - 21
PLANSPONSOR - October 2017 - Moving Money
PLANSPONSOR - October 2017 - 23
PLANSPONSOR - October 2017 - 24
PLANSPONSOR - October 2017 - 25
PLANSPONSOR - October 2017 - 26
PLANSPONSOR - October 2017 - 27
PLANSPONSOR - October 2017 - 28
PLANSPONSOR - October 2017 - 29
PLANSPONSOR - October 2017 - 403(b) / 457 Buyer's Guide
PLANSPONSOR - October 2017 - 31
PLANSPONSOR - October 2017 - 32
PLANSPONSOR - October 2017 - 33
PLANSPONSOR - October 2017 - 34
PLANSPONSOR - October 2017 - 35
PLANSPONSOR - October 2017 - 36
PLANSPONSOR - October 2017 - 37
PLANSPONSOR - October 2017 - Best Practices for the IPS
PLANSPONSOR - October 2017 - 39
PLANSPONSOR - October 2017 - The Middle Ground
PLANSPONSOR - October 2017 - 41
PLANSPONSOR - October 2017 - Questions, Answered
PLANSPONSOR - October 2017 - 43
PLANSPONSOR - October 2017 - Navigating RMDs
PLANSPONSOR - October 2017 - 45
PLANSPONSOR - October 2017 - 46
PLANSPONSOR - October 2017 - 47
PLANSPONSOR - October 2017 - 48
PLANSPONSOR - October 2017 - Cover3
PLANSPONSOR - October 2017 - Cover4
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