Health, Family, Purpose, Finances: ‘The New Four Pillars of Retirement’
Edward Jones and Age Wave say advisers should take a new approach to working with retirees by helping them determine what they want to do when they stop working.
More Clients Are Using Social Media to Vet Advisers
Hartford Funds data finds that, overall, 33% of respondents reported seeking financial advice online and almost half say social media impacts whom they retain as a financial professional.
Generations Respond Differently to Retirement Savings
Gen Xers and women reported facing multiple struggles in saving for retirement.
Employees and Employers Are Paying Attention to Annuities
Research from SRI anticipates the annuity market to grow as much as 30% by 2025.
Common Factors Mark the Most Confident Retirees
Of course, a person’s absolute level of wealth has an impact on retirement confidence, but this is far from the only important factor at play.
Retirement Contribution Drop Attributed to Market Volatility and Outside Causes
Despite the market rebound, 2021 reports find retirement planning contributions were still low.
Gen X Participants Are Even More ‘Sandwiched’ After COVID-19
Workforce Representation Will Soon Skew Younger
Advisers Need to Get Smarter About Life Expectancy
It can be a fraught and distressing topic of conversation, but an honest assessment of a client’s life expectancy is foundational to building an effective financial plan.
Americans Are Becoming More Optimistic About the Economy
As more people are getting vaccinated, they expect pent-up demand will lead to a boost.
ESG Investments Can Lead to Higher Contribution Rates
More plan participants are increasing their demand for and interest in environmental, social and governance funds.
Record Balances: DC Plan System Continues to Thrive
Fresh data shared this week by Principal and Fidelity shows defined contribution retirement plan balances have—yet again—reached record highs, but the data underscores the need to improve access for more workers.
Nearly Half of Parents Have Given Their Adult Children Money During Pandemic
A majority of these parents said they otherwise would have used the money for personal finances.
The Case for ‘Health Plus Wealth’ Is in the Numbers
The projected cost of health care for the average couple retiring today is up 30% from 10 years ago, according to new data shared by Fidelity, underscoring the need to muster more holistic financial planning resources for workers and retirees.
Gig Economy Expected to Expand Post-Pandemic
In some ways, the gig economy was flourishing prior to the pandemic. Studies suggest the growth is likely to continue, based on a variety of related factors.
Despite Pandemic, Workers Remain Confident About Retirement
Plus, confidence about Medicare and Social Security benefits reaches an all-time high.
The Role of HSAs in Financial Wellness and Retirement
Financial providers can partner with employers to offer the benefit and help employees achieve their goals.
Number of Women in Asset Management Roles Remains Stagnant
Morningstar and the CFA Institute have found the United States is among the nations with the lowest number of women in financial services.
Many Near-Retirees Don’t Understand Social Security Benefits
More than one-third failed a basic Social Security quiz administered by MassMutual.
Hedge Funds and PE Firms Lead in Digital Tech
A Broadridge Asset Management expert explains how financial advisers can follow in their tracks.