What types of people at your school are not saving for retirement? Young employees? Low-income earners? Maybe single parents with children?
Several years ago, Linda Nilsen needed to know. As the executive director of benefits and compensation at Princeton University, she analyzed the non-savers—about half of the school’s 6,000 employees. To her surprise, there were no trends, no themes, no commonalities. These individuals represented all ages, salaries, departments and positions.