Report

U.S. Retirement End-Investor 2020

Helping Participants Navigate Uncertainty

Segment, Analyze, Strategize

  • Review updated IRA rollover sizing along with 401(k) and IRA market sizing incorporating actual market performance through 1Q 2020 with in-depth market analysis and projections

  • Explore the evolution of financial wellness programs and advice, communication methods, and the integration of health and wellness benefits
  • Gauge 401(k) plan participant and IRA owner decision-making processes
  • Examine the opportunities and challenges of engaging various age and income cohorts in saving for retirement

$19,500

Discounts available for bulk purchase

US Retirement End Investor 2020 Detail

Buy Now

Drew O'Hearn, CFP

Drew O'Hearn, CFP

Director, Account Management

Summary

Evaluate retirement participants’ attitudes toward financial advice, uncover stressors and areas of concern related to retirement, and explore opportunities for differentiation among financial wellness providers. As Cerulli's primary coverage for investor-level retirement research, this report focuses on the decision-making behavior of 401(k) plan participants, segmenting this market by investor age, investable assets, gender, and advisor-orientation.

Included with Purchase

Methodology

Methodology

Each report is lead authored by a senior Cerulli analyst with significant industry experience. The report incorporates qualitative and quantitative inputs, based on Cerulli’s proprietary research process. For more on our research process, click here.

Executive summary

Executive Summary

Get the most important report findings distilled in an easy-to-understand and highly visual format before you begin your journey through the report or use it as a tool for senior leadership.

Interactive report dashboard

Interactive Report Dashboards

Access consolidated data from multiple report exhibits in a single comparative view. Flexibly build your view of data with customizable filters and share the results in a format that meets your requirements.

Analyst support

Analyst Support

Got a question? Our analysts are available to help you interpret and analyze key findings as well as provide their perspective on industry trends.

Data

Data Behind the Report

Data is the foundation of our reports. Each study contains nearly 100 exhibits, available to buyers in Excel format. Extract and explore Cerulli’s data and analysis your way.

Digital

Digital Access

Access your reports digitally anytime, anywhere, on any device through our client portal.

A Note From the Author

What is the Role of Retirement Providers in Volatile Times?

Shawn O'Brien, CFA

Shawn O'Brien, CFA

Senior Analyst

Bio →

Shawn O'Brien, CFA

Shawn O'Brien, CFA

Senior Analyst

As a senior analyst, Shawn is responsible for covering the retirement markets space, focusing specifically on defined contribution (DC) plans, the IRA market, and asset managers’ DCIO strategies. He contributes to The Cerulli Report and The Cerulli Edge series.

Prior to joining Cerulli Associates, Shawn worked as a Research Associate at Harvard Business School, where he co-authored case studies alongside professors focusing on investment management for individual and institutional investors, and innovations in financial technology. Prior to that, he worked in the Currency Management group at State Street Global Markets, employing currency overlay strategies for large asset managers and asset owners.

Full biography here.

Short-term solvency or long-term financial goals? Financial wellness programs have evolved to address topics ranging from retirement readiness to emergency savings, budgeting, debt management, healthcare, and more. Defined contribution (DC) retirement plan providers are generally well positioned to administer these programs, having established communication channels and name recognition with employees. In Cerulli’s survey of 401(k) plan sponsors, respondents are most likely to identify financial wellness as a top priority. In this era of uncertainty following the COVID-19 outbreak—with volatile market performance, widespread disruption to employment and education, and massive legislation impacting retirement plans and other benefits—there is arguably more need than ever for comprehensive guidance and financial wellness programs. Participants face myriad questions, such as: Should I take a withdrawal from my 401(k)? Are my retirement investments adequately diversified? Should I rebalance my account? Which of my student loans now qualify for forbearance? Can I collect unemployment if my hours are reduced? What happens to my required minimum distribution (RMD)? Do I have enough emergency savings to weather a recession?

This report explores how recordkeepers, asset managers, plan sponsors, and intermediaries are adapting to meet the needs of participants, especially those contending with financial hardships. This theme, coupled with in-depth analysis of the savings and decision-making behavior of 401(k) plan participants (including focus this year on the retiree perspective), provides asset managers and plan sponsors comprehensive analysis on the role retirement providers play during volatile times. Use this report to plan your approach to participant engagement and connect with our team to learn more.

Contact Us

Want More Information?

Learn more about this report and related Cerulli research.

Contact Us

You May Also be Interested in:

  • Annual report
  • Cerulli Edge
  • Cerulli Lodestar
Consulting Page module Rocket 120820

Strategic Consulting & Custom Research

Cerulli for Consulting

Understand where to allocate resources to achieve your objectives. We can help you determine which initiatives are likely to be successful and those that may not achieve the desired effect. In an increasingly competitive market, our objectivity and experience can help you to advance your firm’s unique strengths.

Learn More

We use cookies to improve your site experience, distinguish you from other users and support the marketing of our services. These cookies may store your personal information. By continuing to use our website, you agree to the storing of cookies on your device. For more information, please visit our Privacy Notice.