Younger retirement plan participants are more likely to use online retirement calculators, interactive charts and mobile apps in preparing for retirement than their older counterparts, according to an online retirement participant survey conducted by the American United Life Insurance Co., a OneAmerica company.
More than 60% of retirement plan participants under age 40 said they found online retirement calculators most helpful, compared to 51% of those age 41 to 50 and 41% of those over age 50.
Sixty-seven percent of the over-50 crowd also found articles most helpful in making retirement decisions, compared to only 45% of those between the ages of 20 and 30, the survey found.
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