Even with kids out of the house, advisor Heather Ettinger is finding that parenting her three young adult children through the crisis is more difficult than she imagined. But she does it—all while managing her firm.
As of late April, 12% of 816 companies representing 12 million workers had suspended matching contributions, according to a Willis Towers Watson survey. An additional 23% said they will or may halt them this year.
The promise of guaranteed income is appealing in today’s environment: Now, nearly half of Americans say they would be willing to convert some of their assets into a guaranteed lifetime income stream.
