Search results for: Millennials
Considering Millennials in Plan Design
Plan sponsors should factor in the needs of Millennials when designing their company’s retirement plan, says a new paper.
Accumulation Takes Back Seat to Income
The retirement industry has shifted its focus from accumulation to income in retirement, changing the way tools present readiness and income projection.
Millennials Show Conservative Streak
Wary of economic recession and volatile markets, young workers are going the way of their grandparents and great-grandparents when it comes to investments and money management.
Millennial Debt, Savings Trend Down
Those in their early 20s carry just half the debt of those in their upper 20s, new analysis shows, but savings rates for both groups are decreasing.
Retirement Works Best as Family Affair
Involving family members in retirement planning brings peace of mind, according to a survey on how families approach future financial needs.
Personal Finance Important to Millennial Women
Millennial women show strong interest in personal finance but often lack the confidence to take action alone on investment decisions, a study shows.
Business Owners Report Optimism About Retirement
Merging the goals of personal and professional finances can improve a business owner’s chances of preparing adequately for retirement, a new report shows.
High Student Debt Spells Later Retirement
Growing levels of student loan debt could force today’s college graduates to retire more than a decade beyond the current average retirement age.
Largest Generation Lagging in Retirement Readiness
Describing Millennials as the “lost generation” when it comes to retirement planning, Financial Finesse has released its third annual report on the state of U.S. employee retirement preparedness.
Mobile Is the Way to Stay Social
Social networks are rising in popularity, and texting is so habitual that a majority think it’s OK to do so while on a date.
PANC 2013: CEO Roundtable
Alison Cooke Mintzer moderated a roundtable discussion with Elaine Sarsynski, Tom Skrobe and John Galateria on the roles of advisers.
Tips to Boost Retirement Income
In its most recent analysis of 401(k) retirement accounts, Fidelity Investments found that saving just a small amount more each month can positively affect retirement income.
Personal Communication Is Key for Millennials
What advisers say may not be as important as how they say it to high-net-worth Millennials, according the Spectrem Group.
Gen X Has Competing Financial Priorities
Generation X employees struggle the most when it comes to saving for retirement, a survey by PwC indicates.
Tackling Debt Trumps Saving for Most Millennials
More than half (54%) of Millennials say debt is their “biggest financial concern currently,” according to a Wells Fargo Retirement Survey.
Torabi Helps MassMutual Expand Education
Farnoosh Torabi has expanded her relationship with Massachusetts Mutual Life Insurance Company (MassMutual) to help bring financial education to young adults.
Social Media as a 24/7 Kitchen Table
It is increasingly being used as a business tool, but users can run into compliance issues on social media when they tweet or post an update.
Targeting Generational Issues in Retirement Education
Beyond the general education about how to much to save and how to invest, retirement plan participants have issues at different life stages that need to be addressed.