David Letterman once had a joke about those USA Today graphs where he claimed they had a graph that said that “3 out of 4 Americans make up 75% of the population.”
According to MetLife’s newest Stable Value Study, more than two-thirds of defined contribution plan sponsors are concerned about the impact of market volatility on retirees (70%) and plan participants within 10 years of retirement (67%). More than half (52%) are concerned about those more than 10 years away from retirement.
We have a volatile stock market right now after the gains from when the COVID pandemic started back in March 2020. Of course, plan sponsors are going to be concerned. Thank you plan sponsors obvious.
