Top Economist: Recession Coming, But Boomer Retirees to Mitigate Job Cuts
The US is expected to enter a “short and shallow” recession in 2023, according to the Conference Board’s top economist.
Tag: inflation
High Inflation Takes a Toll on Employees’ Financial Well-Being
Inflation, which remains elevated as of Tuesday's CPI report, has led to increased stress, less financial preparedness and growing debt,...
Retirement Savers Held Course in 2022 Despite 401(k) Declines
The latest retirement plan participant tracking from Vanguard and Bank of America show retirement savers’ resilience last year.
Among Advisers’ Top Concerns? Another 401(k) Drop in 2023
A “state of the industry” report from recordkeeper Ubiquity finds financial advisers fear another year of poor investment returns that...
Advisers Should Counsel “Cautious Optimism” Amid Cooling Inflation
Retirement experts weigh in on how advisers can help plan sponsors and participants understand news of cooling inflation, but continued...
Half of Americans Say They’re Reducing or Stopping Retirement Savings Due to Inflation
An Allianz survey finds another 43% of Americans are also dipping into savings to meet costs. But recent PLANSPONSOR and...
Inflation Concerns Have Spiked for Investors, with Retirement Effects
Investors who work with an adviser or financial professional are more likely to have a plan to generate income in...
Social Security COLA’s Could Have Big Impact on Advisers’ Retirement Planning
Advisers discuss the cost-of-living adjustment and what it could mean for pre- and post-retirees.
Financial Challenges Prevent Saving for Retirement
A new Goldman Sachs Asset Management retirement report finds myriad competing financial priorities are impeding participants from saving sufficiently for...
Social Security Benefits See Highest Increase in 40 Years
The increase tops the 5.9% cost-of-living adjustment seen in 2022.
Workers Worried About Inflation Are Delaying Retirement
A Nationwide Retirement Institute report shows a spike in workers who are feeling on ‘the wrong track’ for retirement.
Women’s Financial Health Hits 5-Year Low
Recent research from Ellevest examines 12 different indicators to track and understand women’s financial health.
How Participants Have Responded to This Year’s Economy
A T. Rowe Price study shows participants have not changed their loan distribution or withdrawal behavior despite increased inflation and...
Employees and Employers Show Disconnect on Workplace Benefits
Morgan Stanley at Work’s second annual study finds that employees value help.
U.S. Drops to 18th on Natixis Retirement Index, Due to Economic Issues, Aging Population
This year’s report warns that “key risk concerns for retirement security are coming to a head in today’s rapidly changing...
401(k) Balances Reflect Volatile Period for Markets
According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 15% lower than the first quarter.
Experts Offer Economic, Inflation Insights as Fed Wraps Key Meeting
There are some encouraging signs to suggest inflation may be slowing, but experts warn investors may get ahead of themselves...
The Pandemic’s Lingering Impact on Financial Security
A Northwestern Mutual study suggests that, while many people’s financial habits have improved, the pandemic has still disrupted the way...
Trends
Asset Flows Affect Plan Decisions
Clients can adjust for the economy to protect participant savings.
Workers Remain Worried About Inflation’s Impact on Retirement
High inflation is among the top concerns of retirement savers, but a new survey suggests financial advice can help boost...