Although benefits offered by employers remained mostly the same in 2007 as in 2006, there was a slight decrease in the number of organizations that offered financial services benefits to employees.
Data & Research
Those who have consulted a financial professional about retirement planning are much more likely to say they are comfortable or confident about retirement than those who have not (78% vs. 58%).
Only one-third of affluent Baby Boomers rely on outside advice when making financial decisions.
The ERISA Industry Committee (ERIC) has issued a proposal for a platform of lifetime security benefits aimed at easing employer strain, increasing individual responsibility, and providing equality of benefits for all individuals.
If you drive to work, you’re not alone.
Sixty-six percent of workers believe they need less than 80% of pre-retirement income to maintain their current lifestyle in retirement.
About one-fifth (21%) Ultra High Net Worth (UHNW) professionals consider themselves 'adviser dependent.'
It’s an issue that has plagued humankind ever since men and women began living together - with indoor plumbing.
About two-thirds (68%) of small business owners say they are now more concerned about their retirement security than they were last fall.
Individuals in the U.S. today may not be better off in terms of income as their father's generation, a recent study suggests.
Workers are twice as likely to look to personal research or the advice of family and friends as they are to rely on the services of a financial adviser with help in retirement planning.
The U.S. defined benefit pension market is going to be hit with a massive shakeup that will see three-quarters of private-sector DB assets frozen or terminated in the next five years, compared to 25% currently.
Although behavioral components are important, financial literacy and trust are critical variables in understanding 401(k) plan savings behavior.
Fear, regret, inertia, aggressiveness, and susceptibility can influence retirement investors to react to market uncertainty in ways that may not be in their best interest, according to a new Prudential Financial survey.
Nearly three-quarters of workers say they plan to continue working on a part-time basis after retirement; 21% say that part-time work will be a major source of retirement income and 52% say it will be a minor source.
The Citi Smith Barney Working Wealth Investor Poll for May indicates a u-turn in affluent investors’ confidence.
While many high-net-worth Americans vow to make financial planning decisions without the aid of an adviser, a growing number admit they’re relatively clueless about investing.
Despite the fact that the majority of high-net-worth individuals say they are extremely secure with their long-term wealth, their primary financial concern is their retirement security.
Daughters are more than twice as likely as their mothers to enter retirement steeped in debt of $25,000 or more and be forced to work far longer than their mothers.
Despite all the recent attention to, and discussions about, phased retirement for Baby Boomers, a new study indicates some employers aren’t jumping for joy about the prospect of keeping older workers on the job.