Citing research conducted by Boston Research Technologies on America’s Mobile Workforce, Williams notes that while 50.3% of boomers indicate that they’ve left behind a 401(k) savings account at least once when changing jobs, their generation is less-likely than millennials or Gen-Xers to take advantage of a plan roll-in service, if offered by their employer.
To overcome the resistance, Williams gives some practical advice to get started, and using a travel analogy, advises boomers to get “their bags packed and their boarding passes ready” by moving their retirement savings forward.