(BUSINESS WIRE, PALO ALTO, California) Financial Engines, a leading provider of retirement help, today announced new analysis that looks at the impact of the market decline in 2008 on investors nearing retirement. The analysis found that even for investors within 5 years of retirement, modest increases in savings combined with slightly delayed retirement can recover their pre-2008 retirement outlooks if they stay in a diversified, age-appropriate portfolio. Those who moved to an all cash portfolio, on the other hand, have more work to do to get back on track. The analysis found that these investors are likely to have to delay retirement as much as 4 years above and beyond the steps needed to recover from the 2008 declines had they stayed in diversified, age-appropriate portfolios.

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