Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
401k as retirement income source
1. Your 401(k) as a major source of retirement income
Seven in ten current workers expect their 401(k)
PERCEPTION
to be a major source of income in retirement.
Source for data: Wells Fargo/Gallup Investor and Retirement Optimism Index
https://www.wellsfargo.com/press/2012/20120307_USInvestorOptimismSurges
2. Your 401(k) as a major source of retirement income
Seven in ten current workers expect their 401(k)
PERCEPTION
to be a major source of income in retirement.
Only 33 percent of current retirees rely on their
REALITY
401(k) as a major source of income.
Source for data: Wells Fargo/Gallup Investor and Retirement Optimism Index
https://www.wellsfargo.com/press/2012/20120307_USInvestorOptimismSurges
