2021’s Hardships Redefine Financial Wellness Goals
With so many Americans having gone through tough times over the past two years, a new study looks at how this has affected their financial well-being and sense of the future.
Data & Research
More Retirement Industry Trends to Prepare for in 2022
A new year is starting in less than a month, and with it will come new challenges and opportunities across a changing defined contribution plan landscape.
Data & Research
Data & Research
People More Open to Seeking Adviser Help With Overall Financial Wellness
Older generations are more frequently seeking help with cash and debt management.
Three Economic Reasons to Give Thanks
With the year winding down, LPL Financial’s chief market strategist reflects on what investors have been grateful for over the past 11 months, from the strong U.S. consumer to the soaring stock market.
Data & Research
Data & Research
Data & Research
The 2022 Retirement Landscape Takes Shape
The U.S. faces a $4 trillion retirement savings gap heading in the new year, but both public and private solutions are coming online to help more people prepare adequately for life after work.
Employees Favor Retirement Plans That Substitute Annuities for Bonds
A survey also found nearly half of employees prefer to have a mix of investments and lifetime income over either traditional pensions or investments alone.
Balancing Employee Retention and Recruiting During the Labor Crunch
Many companies are focused on attracting talent to prepare for the post-COVID-19 economy, but there is also an urgency to address the needs of their older workers and those desiring a smooth transition out of the workforce.
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Data & Research
Data & Research
Data & Research
Data & Research
Data & Research
Data & Research
A 3.3% Withdrawal Rule Might Be More Sustainable for Retirees Going Forward
Considering low bond yields and high stock valuations, Morningstar re-examined the traditional 4% withdrawal rule.
Nonmedical Benefits Shine as ‘Great Quit’ Intensifies
Younger employees who have recently left their jobs say they are seeking employers that genuinely care about their well-being, as demonstrated by the benefits and wages they deliver to their staff.
Demand for Talent Outstrips Labor Supply
Among 160 human resources leaders polled by Willis Towers Watson, only 2% indicate they are having no problems with employee attraction and retention.
Survey Finds a Clear Lack of Health-Focused Savings
More than one in five older women report zero savings for medical bills.
Competition for Talent Likely to Increase in 2022
As many as one in three workers say they are set to retire or considering leaving their current role in the next 18 months, according to a new survey from Principal Financial Group.
Long-Term Care Concerns Dog Older Workers and Retirees
Those that enter retirement married have the most resources to handle care needs, while women who are unmarried have the least, according to a new survey.
Retiree Poverty Rates Vary Substantially by State
Higher than average rates of poverty among Americans over the age of 65 can be found in 19 states and Washington, D.C., according to a MagnifyMoney survey.
Data & Research
Labor Issues Highlight Importance, Evolution of Retirement Benefits
For several decades, U.S. workers have been much less active in terms of union participation, and this has had a dramatic impact on not only wages and benefits within unions, but also on what is happening in the private sector.
Data & Research
Data & Research
Generations Divided About Short-Term Financial Confidence
After facing challenges resulting from the pandemic, younger participants show the most interest in receiving help from a financial professional.
Morningstar Finds ESG Funds Are More Expensive Than Conventional Funds
In general, fund fees continue to decline, including those of actively managed funds.
Data & Research
Data & Research
Older 401(k) Participants Moving to TDFs More So Than Younger Participants
Participants in their 50s and 60s are using TDFs more than they have in the past, according to a new EBRI and ICI report.
New Benartzi Paper Dissects Narrow Framing Phenomenon
Would you accept a bet in which you win $200 if a coin lands on heads and lose $100 if it lands on tails? What if you could play twice?
Data & Research
Many Participants Are Leaving Money on the Table
Despite significant progress made in recent years, research suggests millions of working Americans are missing out on the full retirement plan match offered by their employer.