Retirement Survey Highlights Financial Burnout

Financial burnout and decreased retirement confidence are highlighted in BlackRock's Read on Retirement survey, with concerns about market volatility, inflation, and recessionary fears. The average return on a 401(k) is between 5% and 8%, with factors affecting returns such as projecting retirement age and job tenure. Research by Cerulli Associates emphasizes the increasing role of personalization in the 401(k) market, covering areas like participant communications and financial wellness programs.