In Practice

There is more retirement plan investment fee data available than ever before, but it is still not exactly easy to identify a good value. 

Survey data from COUNTRY Financial shows a quarter of women have never sought financial advice from a professional, compared to 15% of men.

With the right support, employees are more likely to both choose and report satisfaction with HSA-linked health coverage.

For various reasons including recovering from the Great Recession and paying off debt, many Americans are working past the traditional retirement age of 65.

Many plan to make financial sacrifices in retirement, a survey finds.

Keeping someone of retirement age on the payroll costs an additional $50,000 a year.

For loans that are not repaid by retirees, Social Security payments can be garnished.

Very few believe the economy has fully recovered, and many say their savings and salaries are lower than before the Great Recession.

Most are confident the economy will improve this year, but the majority would like more help with long-term financial planning.

A new rule will reduce guaranteed lifetime income from the military’s pension by 20%, but financial advisers are keen in helping service members offset the potential losses.

Their practice management programs also help attract and retain advisers.

Twenty percent of those with a net worth of $5 million or more worry they will have enough money to last them in retirement.

A survey found that 38% of Americans know nothing about compounding.

Although more people are enrolling HSAs today, misconceptions still hold back many from making the most out of these accounts.

 

Working with a financial adviser increases confidence, an IRI survey found.

But older generations expect a different experience in retirement for Millennials. 

Nearly one-third of those 60 and older are planning to stay in the workforce until age 70.

According to a report by the NEBR, women are punished more severely than men for misconduct and they are also less likely to find new employment. 

Among those already engaged with their finances and financial services professionals, retirement planning remains a hot topic—but investors broadly feel confused and concerned. 

People of all age groups on average estimated losing $30,000 or more throughout their lifetime due to their lack of financial knowledge, a new survey finds.