With a total of roughly $1.7 trillion, student loan debt is a major issue for many Americans. Whether or not it’s an actual impediment to retirement saving, participants often believe it is, acting as a phycological hurdle that often prevents them from saving.
We turn to the one and only Alex Assaley for insight. Alex is managing principal with AFS 401(k) Retirement Services, our overall Top Advisor By Participant Outcomes for 2018, and also president-elect of the National Association of Plan Advisors.
We talk student loan debt and what to do about it, as well the exciting things the NAPA 401(k) Summit has planned for this year in Las Vegas. Alex joins us right after these messages.
Sponsored by Capital Group, home of American Funds Target Date Retirement Series.
If you think every target date fund can deliver the same long-term results, let’s retire that thinking.