Stay updated with breaking news from Brian Bender. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Roughly 16,000 workers made hardship withdrawals from their 401(k) accounts in the second quarter, marking a significant increase from the previous quarter, BofA said in a report.
The number is going up and the percentage of people who think they’ll get there is going down.
The number is going up and the percentage of people who think they'll get there is going down.
The number is going up and the percentage of people who think they’ll get there is going down. The number — that magical figure showing what people think they need
Workers also believe they need $1.8 million to retire, a $100,000 increase over the stated expectation in 2022 in the same survey.