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Economic uncertainty has changed retirement expectations, according to a new survey.
According to Russell's 2023 Prudent Pension Funding Report, 97% of corporate pension plans will reach 'healthy' status within 10 years.
Social Security spending relative to GDP is set to increase sharply in the next decade as baby boomers retire.
Americans now expect to need $1.25 million in retirement, and they don't expect to retire until age 64, vs. an expected retirement age of 62.6 last year.
The suit claims that DOL's guidance, phrased as "serious concerns," effectively creates a ban on including cryptocurrencies in 401(k)s.