Retirement Wave: The Human Impact – Morgan Stanley

Written by Amanda

Retirement Wave: The Human Impact  Morgan Stanley

1 BenefitsPro, “COVID-19 economy pushing workers into early, 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 Increased Retirement Inequality, June 1, 2021. https://www.economicpolicyresearch.org/jobs-report/the-pandemic-retirement-surge-increased-retirement-inequality

3 Ibid

4 Morgan Stanley at Work, “Turning the Tide on the Retirement Race Gap”, 2021; Source within article: Social Security is a Great Equalizer. Center for Retirement Research at Boston College. January 2020. Number 20-2. https://crr.bc.edu/wp-content/uploads/2020/01/IB_20-2.pdf

5 Ibid

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 within article: U.S Bureau of Labor Statistics, 2020

8 Ibid; Source cited within 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 Increased Retirement Inequality, June 1, 2021. https://www.economicpolicyresearch.org/jobs-report/the-pandemic-retirement-surge-increased-retirement-inequality

10 Ibid


When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding 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 establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account.

Morgan Stanley Smith Barney LLC is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley Smith Barney LLC (“Morgan Stanley”) of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.

Morgan Stanley at Work 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.

CRC#3936574 (01/2022)

Source: morganstanley.com

About the author


Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai

Leave a Comment