Natixis Index Reveals Declining US Rank, Eroding Retirement Structure
Most survey respondents (81%) said they are becoming responsible for their full retirement fundings, breaking the three-pillar retirement model.
Tag: retirement readiness
Gen Z, Millennials Prioritize Retirement Savings as Homeownership Slips Further Out of Reach
Sixty-three percent of first-generation wealth builders said they would prioritize saving for retirement over buying a home, according to a...
Pre-Retirees Seek Retirement Saving Agency but Lack Investment Savvy, per Edelman
Among surveyed pre-retirees, 84% said they preferred to play an active role in their retirement planning and saving decisions.
Adults Without Children More Concerned About Retirement Saving Than Parents, per Survey
According to an Allianz study, 54% of adults without children feel confident about their ability to meet savings goals for...
Retirement Takes Center Stage in Benefit Allocations, per BofA
A Bank of America report shows 70% of surveyed employees cited retirement savings as a top financial goal.
Balancing Retirement Savings With Family, Financial Stability Concerns
Seventy-five percent of surveyed adults said they would prioritize financially helping a loved one, even at the risk of delaying...
Employees Trust Advisers, but Doubt Retirement Readiness, per NFP
Nearly 90% of surveyed employees trust employer-provided financial advisers, yet most are still unsure if they are prepared for retirement.
Schroders: Retirement ‘Magic Number’ Hovers at $1.2 M
On average, workplace retirement plan participants guessed they would need $1.2 million to retire comfortably, according to a Schroders survey,...
Retirement Confidence, Preparedness Remain, per BlackRock
Most retirement savers feel on track, but BlackRock projections show plan balances may only cover 50% to 60% of retirement...
Polled Adults Score 37% on Retirement Know-How, per Study
US adults also had the lowest level of general financial literacy in the past decade, according to the TIAA Institute...
Retirement Savings Fall Far Short of Longevity Expectations
Only 12% of future retirees thought their money would last beyond a decade of retirement, according to a recent survey.
Advised Individuals More Prepared to Retire, per TIAA
Half of survey respondents who worked with financial advisers thought they would live comfortably through retirement, compared with 31% of...
Social Security Dependence Reveals Retirement Income Vulnerability
A recent survey from ZipRecruiter found 71% of retirees relied on Social Security as a primary income source.
59% Report Sufficient Retirement Nest Egg, per Transamerica
Surveyed pre-retirees had a median of $56,000 in their retirement accounts, yet on average thought $500,000 was needed in retirement.
Americans Ready—but Not Prepared—to Retire
According to multiple recent surveys, US respondents are increasingly less confident about being able to achieve their retirement hopes.
Short-Term Financial Pressures Slow Women’s Retirement Savings
A new report revealed a 13-point gap between women and men in retirement confidence, underscoring how competing financial priorities affect...
42% of Americans on Track for Retirement, per Vanguard
If all workers had access to a defined contribution plan, retirement readiness would rise to 61%, according to Vanguard analysis.
Inflation Wears Down Middle Class Financial Resilience
Middle class households can handle rising prices and unexpected expenses, but their overall financial well-being is slipping, according to the...
Nurses Show Symptoms of Financial Insecurity
A Fidelity survey found that while almost all nurses participated in defined contribution plans, only 56% of them were on...
Retirement Readiness Elusive for 27% of Gen X
A new survey of members of Generation X by PulteGroup found that more than one-quarter of respondents said they may...