Apples vs. Oranges
For retirement plan participants, financial crises are not all the same.
Looking back to the Great Recession and Great Depression, unemployment data shows that the full effect of those downturns took years to play out. Will we now follow the same pattern?
Lessons have been learned, but experts still worry about the “brittleness” of the U.S. and global financial system.
A majority of Americans say they have not fully recovered financially from the Great Recession of 2008.
They have also become more inclined to work with an adviser since the Great Recession of 2008.