Tag: retirement readiness

A large number of Boomers lack any kind of planning for retirement, and most have not set a retirement goal, IRI research found.

One of the ironies of surveys of U.S. workers’ retirement confidence is that improved economic conditions allow people to look towards the future, which can in itself cause...

Asked what benefits support their well-being, 74% said retirement plans, 56% said life insurance, 35% said tuition reimbursement/student loan repayment programs, and 29% said financial education.

Although only 56% of independent workers are actively saving for retirement, they are just as likely as traditional workers to feel they are financially prepared for retirement, a...

The high stated retirement confidence of physical workers reflects the fact that the sample is relatively young and majority male, according to Aegon researchers, who also say that...

Starting people off with a deferral rate of 3% is actually a disservice, experts agree.

Just over six out of 10, 61.6%, said they engage with their retirement plan, according to a survey by Vestwell.

Those married or partnered are more likely to have a focus on saving for retirement, while those who are single are prioritizing affording everyday bills and paying down...

Almost all of those with high fragility are prioritizing being able to afford everyday bills, while those with low fragility are prioritizing saving for the future, including for...

Individuals polled by First National Bank of Omaha also shared reasons they do not have as much savings as they'd like.

The strain of supporting other family members financially is taking a toll, PNC learned in a survey.

The program is aimed at promoting NTSA’s dual goals of improving the understanding of retirement planning options for teachers and school staff and boosting 403(b) plan participation.

They also believe that pensions do a better job than 401(k)s in terms of ensuring retirement security.

The Employee Benefit Research Institute (EBRI) and the American Savings Education Council (ASEC) offer an online digital toolkit.

CPA financial planners say Americans are also concerned about maintaining their lifestyle and not being able to meet rising health care costs.

Hearing witnesses discussed conducting a comprehensive review of the American retirement system, allowing for open multiple employer plans (MEPs), and changing certain defined contribution (DC) plan rules to...

Changes in health commonly cause early retirements, according to CRR researchers, as do spousal retirements and marital status changes. 

The increasing prevalence of automatic enrollment and solutions making 401(k) plan assets more easily portable are two reasons why DC plan outcomes can compete with DB plan results.

One in five U.S. adults currently assists an older family member with daily tasks or housing, according to a new survey from RBC Wealth Management; in addition to...