Fredrik Axsater
speaker
100 appearances
2 recordings
1 series
first heard Dec 2017
last heard Nov 2018
Fredrik Axsater’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
There's more that we can do.
And I expect that to be higher.
I actually think that this is one where there's a difference also between the reported numbers that we see here and the actual numbers.
There are a number of millennials that are invested in a 401k plan or a defined contribution plan.
They may not even know it because it happens automatically.
So I think that the millennial generation is in some ways better off than they may even think.
The overall overriding goal is to get more and more people into the planning mindset and make that as easy as possible.
Having a digital assistant can be very helpful, and especially those that are more technologically savvy.
But even millennials are saying that an A-plus advisor is one that meets with them twice a year.
So I think it's a combination of digital advice and also in-person meetings.
It's that combination of easily accessible, easy-to-use tools, and then having the in-person advice is the most powerful combination of helping people succeed and have the retirement they want to have.
People still carry some scars.
Back to Generation X, they see the most significant impact of the recession.
So I think we need to continue to emphasize the power of compounding, the power of staying in the markets, and the power of a long-term approach.
But we should recognize that many people today, about a quarter of people, are still scarred by the financial recession.
Yeah, that's right.
I mean, I think that this highlights first, the importance of DC plans in terms of moving from more of a supplementary savings vehicle to really a primary savings vehicle, but also the vulnerability for these investments.
46% of investors said that they would stop investing or invest less in 401k plans if the deferred nature of their taxes were
was taken away.
So I think it's a call for action for all of us to, if anything, try to strengthen the 401k system.
Showing 41–60 of 100 · page 3 of 5
← Previous
Next →