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
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.
Older generations are more frequently seeking help with cash and debt management.
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.
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.
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.
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.
Considering low bond yields and high stock valuations, Morningstar re-examined the traditional 4% withdrawal rule.
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.
Among 160 human resources leaders polled by Willis Towers Watson, only 2% indicate they are having no problems with employee attraction and retention.
More than one in five older women report zero savings for medical bills.
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.
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.
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.
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.
After facing challenges resulting from the pandemic, younger participants show the most interest in receiving help from a financial professional.
In general, fund fees continue to decline, including those of actively managed funds.
Participants in their 50s and 60s are using TDFs more than they have in the past, according to a new EBRI and ICI report.
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?