1 BenefitsPro, “COVID-19 economy pushing workers into early and involuntary retirement”, September 2, 2020 https://www.benefitspro.com/2020/09/02/covid-19-economy-pushing-workers-to-early-involuntary-retirement/
2 The New School Schwartz Center for Economic Policy Analysis, Older Workers Report: The Pandemic Surge Has Increased Retirement Inequality, June 1, 2021. https://www.economicpolicyresearch.org/jobs-report/the-pandemic-retirement -surge-increased-inequality-retirement
4 Morgan Stanley at work, “Turning the Tide on the Retirement Race Gap”, 2021; Source in article: Social Security is a great equalizer. Center for Retirement Research at Boston College. January 2020. Issue 20-2. https://crr.bc.edu/wp-content/uploads/2020/01/IB_20-2.pdf
6 Federal Reserve Bank of New York, Center for Microeconomic Data, SCE Labor Market Survey https://www.newyorkfed.org/microeconomics/sce/labor#/
7 Morgan Stanley at work, “Retirement for 5 generations”, 2021; Source cited in the article: US Bureau of Labor Statistics, 2020
8 Same ; Source cited in the article: Engaging the Workforce of the Future, Randstad, p.15
9 The New School Schwartz Center for Economic Policy Analysis, Older Workers Report: The Pandemic Surge Has Increased Retirement Inequality, June 1, 2021. https://www.economicpolicyresearch.org/jobs-report/the-pandemic-retirement -surge-increased-inequality-retirement
Where Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” with respect to a pension or benefits account, a Individual Retirement or Coverdell Education Savings Account (“Retirement Account”), Morgan Stanley is a “trustee” as those terms are defined in the Employees Retirement Income Security Act of 1974, as amended (“ERISA”) and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. Where Morgan Stanley provides investment education, accepts orders on an unsolicited basis, or does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. . For more information on Morgan Stanley’s role with respect to a retirement account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before opening a retirement account, and (b) regarding any potential tax, ERISA and related consequences of any investment or other transaction made with respect to a retirement account. retirement.
Morgan Stanley Smith Barney LLC does not imply any affiliation, sponsorship, endorsement with/of the third party or that any monitoring is carried out by Morgan Stanley Smith Barney LLC (“Morgan Stanley”) of any information contained in the website. Morgan Stanley is not responsible for the information contained on any third-party website or for the use or inability to use such site. We also do not guarantee their accuracy or completeness.
Morgan Stanley at work the services are provided by Morgan Stanley Smith Barney LLC, Member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.
©2022 Morgan Stanley Smith Barney LLC, Member SIPC.