Voters’ Retirement Confidence Declines
Yet, 23% are waiting three to five years before retirement to start working with an adviser, according to a survey.
Tag: retirement readiness
Financial Wellness Programs Have Measurable Impact on Retirement Readiness
For a company with 50,000 employees, this could lead to a savings of $65 million to $97 million a year, Financial Finesse found.
Average Age Americans Plan to Retire Is 62
However, only 56% of people have calculated how much income they need to retire, MassMutual learned in a survey.
Wells Fargo’s Annual Retirement Study Portrays an Industry in Transition
Executives overseeing the survey report agreed that the U.S. is just beginning to see the real impact of decades of public policy decisions and private employer efforts to...
Half of Households Likely to Face a Retirement Shortfall
Looking at whether retirees will be able to replace 75% of their final-year earnings, the Center for Retirement Research at Boston College found the number of households at...
Lack of Emergency Savings Intersects Retirement Concerns
The majority of respondents to a Cuna Mutual Group survey feel positive about their prospects for upward wealth mobility; on the other hand, a quarter say they have...
Debt Hampers Retirement Saving for Those Closest to Retirement
Fifty-five percent of Baby Boomers say they would save more for retirement if they could pay off their debt, GOBankingRates found in a survey.
Plan Sponsors Turning to Financial Wellness Programs to Improve Retirement Security
Ten percent more employers than in 2016 that offer retirement programs are measuring the financial readiness of employees to retire, a survey found.
Workers in AB Retirement Confidence Survey Cite Desire for Income
Nearly half of workers feel confident about their retirement prospects, an AllianceBernstein survey found.
Individuals Have Concerns About a Lengthy Retirement
A survey of more than 500 Americans age 55 and older finds the top concern about a lengthy retirement is health care costs and the most significant investment...
Another Survey Finds Saving for Retirement Is Employees’ Top Financial Concern
Monthly expenses are their second concern, The Standard found in a survey.
How to Interpret Participant ‘Stress’ About Retirement
In conversation with PLANADVISER, Lincoln Financial Group’s leader of retirement plan services explains why more Americans today cite “retirement” as their No. 1 financial stressor; in some ways,...
Who Is Responsible for Retirement Security?
National Retirement Security Week, from October 21 through 27, highlights the complementary roles of governments, employers and individuals in creating better retirement security for everyone in the U.S.
Picturing Life in Retirement Boosts Savings
When asked to think about their life in their 60s, 70s and 80s, people said retirement savings should be increased by 31%, Capital Group found in a survey.
State Street Claims It Has Formula for Retirement Happiness
Rather than look at objective rankings of retirement systems, State Street set out to measure how it feels for individuals to prepare for, approach and experience retirement, and...
Aggressive Saving Is Simply Essential for Retirement Adequacy
A detailed analysis prepared by Aon suggests the typical worker would have to start saving at age 25 and put away 16% of pay annually—including the employer retirement...
Americans’ Top Financial Concern is Retirement Savings
However, only 33% are confident about their retirement readiness.
Editor’s Letter
Burying the Lead?
Investing is about how you behave more than it is about what you know
Millennials Struggling to Establish Themselves Financially
Gen Xers are in a much better financial place, with many having paid down their student loans. This is enabling them to focus on retirement savings.
PANC 2018: Understanding the Participant Mind
Obtaining data on participants from retirement readiness tools, recordkeepers and aggregation tools is important in order to tailor effective communications.