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Article: Retirement Planning for Wealthy Americans Should Focus on Time Not Money, PNC Expert Says.
- Article from:
- Science Letter
- Article date:
- March 17, 2009
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Most wealthy Americans would be better served by focusing on time rather than assets in their retirement planning, PNC Wealth Management concluded as the result of its fifth annual Wealth and Values Survey released (see also PNC Wealth Management).
PNC also found one-third are either behind, uncertain or have no retirement goal in the survey's first-ever introspective into life after work among the nation's affluent.
The survey of 1,263 wealthy Americans, all of whom had at least $500,000 in investible assets, revealed that 15 percent say, "I am saving as much as I can, but I am not sure I will meet my goal." Another 11 percent report they are behind ...