A 2015 study by the Federal Reserve Board of Governors showed us a few alarming statistics about retirement plans. Almost half of the respondents couldn’t afford to cover a $400 emergency expense. Nearly a third had no retirement plan or pension at all. Further still, another half was either only slightly or not at all confident in their abilities to manage their investments. Now, how does that link with the late Walter Mischel’s famous psychological study called the Marshmallow Test, and how can we bridge the gap in employees’ understanding of retirement plans? To find out, watch my latest video.
https://morricalretirementplans.com/what-the-marshmallow-test-can-teach-us-about-retirement-planning.html
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Morrical Financial Services specializes in 401(k) strategies, offering non-qualified and qualified retirement plan design, staff education, and due diligence services. Morrical Financial Services was founded in 1992 by Stanley Morrical, who has worked to serve the financial needs of the business community for nearly 20 years. Stan works with clients to design and implement 401(k) plans and to help clients understand and meet their fiduciary responsibilities as plan sponsors. Stan, the 401(k) Coach, is an Accredited Investment Fiduciary, having successfully completed a specialized program on investment fiduciary standards at the Center for Fiduciary Studies.
Stanley Morrical
Morrical Financial Services
851 Burlway Rd Ste 318, Burlingame, CA 94010
(415) 753-3185
[email protected]
www.Morrical.com