Retirees More Worried About Health Than Money
Ninety-one percent believe their savings will last throughout their lifetime, MassMutual found in a survey.
Tag: defined contribution plans
BidMoni Rolls Out FiduciaryShield
The platform allows retirement plans to solicit bids from retirement plan providers.
Most Retirees Only Withdrawing Required Minimum Distribution
A mere 21% feel confident about drawing down their retirement plan assets, Ameriprise Financial found in a survey.
Cetera Debuts 401(k) Practice Development Program
It consists of six live, web-based training sessions conducted over a three-month period.
A Mere 0.14% of DC Balances Were Traded in May
When trades were made, there was a continued movement away from equities into fixed income.
Dividends, Brokerage Accounts Key Sources of Retirement Income
Together, they supply 40% of retirees’ income.
Selecting the Optimal QDIA
How Hearst Corp. followed a prudent process to choose its qualified default investment alternative.
Just Over Half of U.S. Households on Track for Retirement Success, EBRI Says
However, if retirement expenses are reduced to 80% of average expenses, 82.1% are on track to not run short.
Millennials Expect to Retire at Age 56
Fifty-three percent expect to become millionaires, TD Ameritrade found in a survey.
Most Americans Don’t Know How Much They’ll Need, to Retire
Among those who have made an estimate, the median amount is $650,000, Bankrate.com learned in a survey.
Trendspotting
A Role for Both Active and Passive
Advisers like the lower fees of passive, plus the upside of active, investing
Data Points
The Status of Company Matches
Overall, 73.7% of plans offer a match, down from 74.7% last year
‘New Social Contract for Retirement Is Needed’
A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.
Americans Remained Committed to Their 401(k)s in 2017
Only 2.7% discontinued contributions, according to the ICI.
Confidence in Retirement Planning Correlates With Higher Retirement Income
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.
Americans on Track to Replace 64% of Income in Retirement
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...