Workers Age 60+ Putting off Retirement for Financial Reasons
More than seven-in-10 (72%) workers over the age of 60 who said they are putting off their retirement are doing so because they can’t afford to retire financially,...
Tag: Retirement Income
Average Cost of Retiree Health Care: $260,000
Health-care costs for retiring Americans, including nursing home care, average $260,000 and can exceed $500,000, according to research conducted by the Center for Retirement Research (CRR) at Boston...
RIAs Say $1M in Retirement Savings Is not Enough
While $1 million is frequently referenced by Americans as a standard level of retirement savings for average families, a new survey finds most registered investment advisers (RIAs) do...
dean's list
Projection Screen?
More than the subtleties of the law, the nuances of crafting a cogent legal brief, and the humiliations that often accompany the public exercise of the Socratic method,...
getting your money's worth
Pay Check
Sometimes, tracking your income can be the hardest part of serving the retirement plan market
Participants Paying More Attention to DB Plans
Mercer's outsourcing business saw a 40% increase in participant requests for calculations of their estimated defined benefit (DB) account values in 2009 versus 2008.
Newkirk Releases Retirement Readiness Package
Albany, New York-based Newkirk, a retirement plan communications provider, has unveiled a suite of retirement readiness communications and reports.
IMHO: Safety "Knot?"
Two weeks ago, the Department of Labor and the U.S. Treasury turned to the retirement plan community for some input.
RIIA Study Suggests Advice Makes a Difference
A recent study found that retired households receiving financial advice had more assets after a 10-year period than households that did not.
Great-West Launches Guaranteed Income Investment Options
Great-West Retirement Services has introduced a new set of guaranteed income investment options.
Transamerica Offers New Withdrawal Schedule for Retirement Income Products
Transamerica Life Insurance Company has introduced an enhanced withdrawal schedule for its Retirement Income Choice 1.2 and Retirement Income Choice 1.4 riders.
Americans Aware They Need to Improve Retirement Saving
Most Americans (58%) said they have a gap in their retirement savings, according to a recent survey.
Putnam Introduces Retirement Income Calculator
Putnam Investments has introduced a new online tool and Web site to help retirement plan participants determine how much monthly retirement income their savings will allow for.
Workers Open to Automatic Features in Retirement Plans
Most American workers feel unprepared for retirement and are open to making changes to retirement plans, such as implementing automatic features, according to a new survey by Prudential...
New York Life Teams with Ibbotson on Asset Allocation Model
New York Life Insurance Company has tapped Ibbotson Associates to help develop a set of tools "to help registered representatives account for their clients’ total economic wealth and...
Merrill Survey Finds Affluent Americans Rethinking Retirement
Bank of America (BofA) said its latest Merrill Lynch survey of affluent Americans found that almost a third (29%) of non-retired respondents plan to retire later than originally...
AXA Introduces Retirement Income Education Program for Advisers
AXA Distributors, LLC, the annuity wholesale distribution unit of AXA Equitable Life Insurance Company, now offers an educational program about retirement income planning for financial professionals.
Asset Dedication Hires Director of Advisor Solutions
Asset Dedication, LLC, a provider of asset allocation strategies for independent financial advisers, hired Tony Parkin to focus on developing its business within the adviser marketplace.