Five years from now, the median account balance of a defined contribution plan assets will reach $150,000, up from $100,000 today.

Yet one-third of those "retiring" will continue to work and more employers will offer phased retirement. In fact, a majority of these senior workers will be saving a portion of their earnings for "true old age," when they actually stop working.

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.