In Practice

The women are also far more risk-averse, PNC Investments learned in a survey.

The Center for Retirement Research finds that the net worth of non-divorced households is 30% higher than for divorced households.

According to a T. Rowe Price study, 65% of defined contribution plan sponsors believe achieving the highest retirement income opportunity for participants is their greatest priority. 

However, if retirement expenses are reduced to 80% of average expenses, 82.1% are on track to not run short.

When it comes to making financial decisions, 81% of Americans are most likely to turn to a financial adviser over their closest confidants, including wealthiest friends (70%), older...

It also helps to offer financial education continuously, according to the Pension Research Center at The Wharton School at the University of Pennsylvania.

Among those who have made an estimate, the median amount is $650,000, Bankrate.com learned in a survey.

In a letter to the Department of Labor, researchers for the Center of Retirement Research at Boston College make policy recommendations to address defined contribution plan portability and...

Looking ahead, Vanguard researchers estimate that 77% of participants on the firm’s recordkeeping platform will be invested in a single TDF by 2022.

An Allianz Life study found that while there was an increase in comfort with the market, workers continue to worry about their retirement savings. 

Millennials are more likely than Gen Xers or Baby Boomers to give the gift of help with financial obligations, such as student loan payments and bills; financial education...

The reduction in corporate taxes from 35% last year to 21% starting this year incentivized companies to accelerate tax deductions.

A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.

More than half have set specific retirement goals, J.D. Power learned in a survey

Speaking to attendees of the 2018 DataDisrupt conference in New York, Morningstar’s first chief data officer reflected on the recent creation of his role and what it says...

“Personal data can tell you so much more beyond just providing insights into individual client behaviors. You can take these streams of data, clean them up and extract...

A survey from the Society of Actuaries suggests that if retirees are able to survive financially to age 85, concerns about finances drop significantly.

They plan on using it to better understand clients’ needs.

Firms have made strides in the previous decade in terms of adopting self-service, web-based solutions—but the existing “fixed decision tree” approach is not sufficient for the next evolution...

Three-fifths of non-retirees with self-directed retirement savings accounts have little or no comfort managing their investments, and only one-fifth of adults answered five financial literacy questions correctly, according...