And nearly two-thirds, 63%, of advisers recommend annuities to clients who need income.
Tag: Post Retirement
The head of Wells Fargo Institutional Retirement and Trust reflects on a strong boost in investor optimism measured in a recent survey published by the firm—and on the specter of ballooning health care cost projections.
Research indicates consumers who conduct retirement planning activities or have a formal written retirement plan prior to retirement have a greater likelihood that actual expenses resemble anticipated expenses.
Participants age 50 and older need more personalized advice, advisers say.
Two leading retirement industry executives refute the claim that the nation faces a retirement crisis and point to several ways retirement plans can be strengthened.
J.P. Morgan Asset Management’s Anne Lester describes best practices and emerging strategies for helping plan sponsors deliver better participant outcomes in an evolving retirement landscape.
Certain policy changes and the right support for plan sponsors could make it easier for plans and participants to embrace lifetime income solutions.
A poll found most Americans think Medicare or health insurance will cover the costs.
The provider is enhancing its participant-facing digital offerings to drive participant behavior.
Lively, Inc. introduced investment capabilities through an integration with TD Ameritrade Institutional’s Self-Directed Plan Services platform.
To minimize this risk, the CRR suggests parents keep household spending steady over time while sharply cutting back spending on themselves.
Researchers from State Street Global Advisors suggest policy changes that could improve retirement readiness for younger workers and late savers.
Nearly one-third of adults are “panicked” or “very worried” about it.
While four out of five employers say they support employees working past age 65, they also understand that an aging workforce has its drawbacks.
Only 37% think they will have a satisfying retirement.
Only 18% of women passed a retirement income literacy quiz, compared to 35% of men.
Today, however, only 15% of workers between the ages of 61 to 66 are semi-retired.
However, health issues are their greatest retirement fears.
The U.S. fell three places to No. 17 in the Natixis Global Retirement Index, comprised of 43 nations.
The service will be offered to certain annuity customers.