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.
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.
Gen Xers and women reported facing multiple struggles in saving for retirement.
Research from SRI anticipates the annuity market to grow as much as 30% by 2025.
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.
Despite the market rebound, 2021 reports find retirement planning contributions were still low.
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.
As more people are getting vaccinated, they expect pent-up demand will lead to a boost.
More plan participants are increasing their demand for and interest in environmental, social and governance funds.
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.
A majority of these parents said they otherwise would have used the money for personal finances.
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.
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.
Plus, confidence about Medicare and Social Security benefits reaches an all-time high.
Financial providers can partner with employers to offer the benefit and help employees achieve their goals.
Morningstar and the CFA Institute have found the United States is among the nations with the lowest number of women in financial services.
More than one-third failed a basic Social Security quiz administered by MassMutual.