Covering Health Care in Retirement A 65-year-old couple retiring this year will need $280,000 to cover health care and medical expenses throughout retirement. This is a 2% increase from...
40% have stored up nothing for that day
Health care, basic living and taxes each cost more than retirees expected
A mere 27% have a formal plan, but within 5 years of retirement, it's 40%
Advisers like the lower fees of passive, plus the upside of active, investing
The connection even affects how retirees manage their money
Only 25% think life after work will be better
Americans credit DC plan features with helping them save
Dismal Outlook for Millennials 67% Fear they will outlive their savings 47% Think they will be unable to retire when they would like 34% Participate in a retirement plan...
… but limit the amount that can be adjusted
By cutting back, retirees can absorb money-related hardships
20-somethings are more apt to broach the topic than are pairs in their 30s and up
Most firms don’t know how well-prepared—or not—their workers are.
The firm will charge new sponsor clients that choose Vanguard products
Assets topped an estimated $45 billion at the close of last year
Still, a disconnect yawns between adviser recommendations and sponsor actions
Distinguishing factors of productive teams
Many motives behind the switch to RIA
Already, 18% offer socially conscious funds in their practice
Nuveen's senior portfolio manager's 10 predictions