Search results for: Millennials

American savers only have 78% of the income needed to cover expenses during retirement, according to Fidelity, down from the last study in 2020. 

Millennials are most likely to reduce insurance and retirement contributions due to inflation, but financial wellness can help with more generational focus, according to recent research.

Financial illiteracy may be costing the average American $1,819 per year, even as educational guidance and tools are advancing.

According to a Charles Schwab report, the average account balance decreased approximately 20%, year-over-year.

A new AARP study finds there is still a wide gap between the importance people put on retirement planning and their sense of preparedness.

Data from more than 35 million participants in Fidelity accounts shows a steep hit to balances during the market downturn, but the majority of workers (86%) kept their...

Many advisers complain about lack of automation and functionality and prefer a platform that gives them more time to focus on clients.

An Allianz survey finds another 43% of Americans are also dipping into savings to meet costs. But recent PLANSPONSOR and ICI surveying shows that, at least when it...

These workers are more likely to consider a broad range of retirement plan investments and want more options. 

Market volatility is contributing to record sales of retail annuities. But in-plan annuities to provide guaranteed income in retirement are mostly still on the horizon due to lack...

The growing wealth of younger generations brings more challenges – and opportunities – to the investing and retirement planning sector, according to a report from Cerulli. 

A Broadridge adviser survey saw an 8% jump in alt investment use over the year, though many aren’t fully satisfied with available options.  

A new Goldman Sachs Asset Management retirement report finds  myriad competing financial priorities are impeding participants from saving sufficiently for retirement. 

OneAmerica and intellicents collaborate on client offering; AdvisorEngine introduces data visualization dashboards; Savvy Ladies receives grant to develop mobile portal advancing women's financial literacy; and more.

New retirement research shows that plan participants are increasingly growing frustrated in today’s market. 

The Pension Research Council at Wharton Business School published findings that suggest millennials will likely have lower relative retirement savings than previous generations.

Recent research from Ellevest examines 12 different indicators to track and understand women’s financial health.

According to J.D. Power, Bank of America and Charles Schwab tie for the top spot in digital participant satisfaction.

Lucas will continue in her current role through the end of 2022 and will help the research organization search for and transition to a new leader.

According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 15% lower than the first quarter.