Search results for: Millennials
Gen X Starts Joining the Big Five-O
Plan sponsors should look at Generation X as a segment distinct from Baby Boomers or Millennials, says Weber Shandwick in its new study.
Preparing Baby Boomer Workers for Retirement
Baby Boomers have good retirement savings habits, but accumulated savings may not be adequate.
Survey Finds Little Consumer Awareness of ‘Robo’ Trend
An analysis from Hartford Funds finds U.S. investors are largely unaware of emerging digital financial advice models, and even practicing advisers don’t have much knowledge on the subject.
Changing Jobs Can Be Hard on Millennial Retirement Balances
Millennials change jobs more frequently, giving them more opportunities to cash out of their 401(k) plans and cut into future retirement savings, says Spencer Williams of Retirement Clearinghouse.
Millennials Are More Engaged, But Not Saving Enough
While 64% of Millennials say they have a financial plan, most believe they are only saving half of what they should be, according to a Nationwide Retirement Institute...
Many Leave Employer Match Dollars on the Table
While participation in employer-provided 401(k) plans is strong among younger workers, data from Aon Hewitt shows many are not taking full advantage of matching 401(k) contributions.
Transamerica App Lets Savers See Blind Spots
Augmented reality technology via a mobile application (app) from Transamerica Retirement Solutions can help drive up retirement savings.
A Provider's Argument Against TDFs
Baby Boomers and Millennials stand at opposite ends of the career pathway. Does this mean their retirement investments should be opposites as well?
Finding ROI in Participant Communication Programs
Improving the retirement plan participant experience is an important step in addressing the nation's retirement savings shortfall, according to Broadridge Research.
Living Costs Hinder Focus on Retirement Saving
Three-quarters of Americans say it is hard to keep up with bills and save for retirement at the same time, with 43% saying it is “very hard,” a...
Americans Feel Guilty About Investing Habits
Amid feelings of guilt over not investing enough (a mere 23% feel “proud” of how they handled their money this year), Americans know they need to do more...
Adult Children May Undermine Parents’ Retirement Security
Six in 10 American parents support their adult children financially, according to a study from the LIMRA Secure Retirement Institute.
A Good Score for Retirement and Health Savings
Saving for retirement and health care expenses was a priority for employees of all ages during the first half of 2014, a new report shows.
Some Millennials Don’t Trust Any Finance Advice
The results of Fidelity’s “Millennial Money Study” show one in four Millennials trust no one when it comes to financial advice.
Baby Boomers, Millennials Should Switch Retirement Investing Goals
Maximizing growth is the number one priority Baby Boomers have for their retirement assets, according to the MFS Investing Sentiment Insights Survey.
Study Finds Millennials Warming to Market Risk
Millennials are famous for being highly risk-averse investors, but new research from Hearts & Wallets LLC suggests the youngest investing cohort is ready for more risk.
Loans May Have Ripple Effect on Retirement Plan Savings
Taking a retirement plan loan can have a big impact on a participant’s retirement income, especially if the participant does not pay the loan back or stops contributing...
Advisers Can Differentiate With Financial Wellness
Financial wellness programs can be a value add for advisers, especially when they help drive retirement readiness and address the roots of participant inactivity.
Study Finds Some Millennials Are Eager for Advice
Some subsets of Millennial investors are just as likely as their parents to seek professional financial advice, according to new research from Phoenix Marketing International.