COSTA MESA, Calif./ May 24, 2018 (STLRealEstate.News) — “Best prepared for Retirement.” That’s not a superlative one might expect to describe Millennials,1 but according to the J.D. Power 2018 Group Retirement Satisfaction Study,SM released today, it’s true. Millennials are most likely of all demographic groups to have set specific retirement goals and have the highest amount of savings—relative to age—in group retirement plans.
The inaugural study evaluates participant satisfaction with providers of group retirement plans, such as 401(k)s, based on six factors: interaction across live and digital channels; investment and service offerings; fees and expenses; plan features; information resources; and communications.
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