75%: Middle market U.S. households that are interested in learning saving options.

Three-quarters of middle market U.S. households say they are interested in learning about savings options and strategies, according to the LIMRA Secure Retirement Institute. That figure jumps to 80% for Generation Y households (also known as millennials) and those with children under 18.

According to the survey, the top financial goal of middle market households is saving enough for a comfortable retirement. Yet half of these households say they would need to borrow to cover a $5,000 emergency. One-third have non-mortgage debt of $25,000 or more.

Plan sponsors and their advisors have many ways to help participants get their financial houses in order—no matter the size of the market. One way is to consider teaching them their personal finance ABCs. Who knows, with a solid grounding in savings and budgeting, they just might enjoy picking up the trickier do's and don’ts of investing.


Related Resource:

Browse: DC Daily Stat


Limiting the Leakage

Jul 28, 2014


Struggling to Save

Jul 30, 2014

This material is provided for educational purposes only and is not intended to constitute “investment advice” or an investment recommendation within the meaning of federal, state, or local law. You are solely responsible for evaluating and acting upon the education and information contained in this material. BlackRock will not be liable for any direct or incidental loss resulting from applying any of the information obtained from these materials or from any other source mentioned. BlackRock does not render any legal, tax or accounting advice and the education and information contained in this material should not be construed as such. Please consult with a qualified professional for these types of advice.

©2016 BlackRock, Inc. All rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, BUILD ON BLACKROCK, ALADDIN, iSHARES, iBONDS, iTHINKING, iSHARES CONNECT, FUND FRENZY, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, BUILT FOR THESE TIMES, the iShares Core Graphic, CoRI and the CoRI logo are registered and unregistered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.