Ninety-one percent believe their savings will last throughout their lifetime, MassMutual found in a survey.
Tag: defined contribution plan
The platform allows retirement plans to solicit bids from retirement plan providers.
A mere 21% feel confident about drawing down their retirement plan assets, Ameriprise Financial found in a survey.
It consists of six live, web-based training sessions conducted over a three-month period.
When trades were made, there was a continued movement away from equities into fixed income.
Together, they supply 40% of retirees’ income.
How Hearst Corp. followed a prudent process to choose its qualified default investment alternative.
This is a 50% increase from 2017.
However, if retirement expenses are reduced to 80% of average expenses, 82.1% are on track to not run short.
Among those who have made an estimate, the median amount is $650,000, Bankrate.com learned in a survey.
A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.
Only 2.7% discontinued contributions, according to the ICI.
Individuals who have an adviser are more likely to be on track to create adequate retirement income—by a wide margin, a study by Empower found.
Participants who work with a traditional or online adviser are on track to replace 116% of their income. Those working with any paid adviser, 91%, and those with no adviser, 51%.
One-third of North American workers surveyed said their employer does not offer retirement education or coaching.