A few years ago, the idea that participants in 401(k) plans were going to keep their money in their retirement plans longer started to gain traction. Today, my guest Sue Walton, a SVP and Senior Retirement Strategist with The Capital Group shares how that idea got started and more. I start with sharing a few of my preconceived notions about how retirement plans work for retirees, Sue responds to a few cynical comments and then get into the meat of how to make your workplace retirement plan more retiree friendly and how that could help your company and employees. With some potential help on the way in the form of legislation, don’t miss our conversation on the current state of retirement income and how employers could integrate that into their plans going forward. Finally, I stepped all over Sue’s great wrap up, but i think it was worth it.
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Sue Walton is a senior defined contribution strategist at American Funds, part of Capital Group. She has 21 years of industry experience and has been with Capital Group for two years. Prior to joining Capital, Sue was a director at Towers Watson Investment Services. Before that, she was an investment consultant at Mercer Investment Consulting and Ellwood Associates. She holds an MBA from DePaul University with a concentration in finance and a bachelor’s degree in business administration, economics and international business from Marquette University. Sue is based in Chicago.
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