Despite the efforts of the retirement industry, many boomers haven’t taken to the variety of savings products available, according to several studies.

While the majority are invested in company 401(k)s, only half have an IRA account outside of work accounts and roughly 30% are invested in separate mutual funds, according to the latest study from Transamerica’s Center for Retirement Studies.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.