More Than Half of Advisers Say Clients Ask Them About Social Security
Yet, only 13% of workers have discussed Social Security with an adviser.
Tag: retirement readiness
Divorce Takes a Financial Toll on People’s Retirement Outlook
The Center for Retirement Research finds that the net worth of non-divorced households is 30% higher than for divorced households.
Just Over Half of U.S. Households on Track for Retirement Success, EBRI Says
However, if retirement expenses are reduced to 80% of average expenses, 82.1% are on track to not run short.
Millennials Expect to Retire at Age 56
Fifty-three percent expect to become millionaires, TD Ameritrade found in a survey.
Financial Wellness Programs That Follow Up Are the Most Effective
It also helps to offer financial education continuously, according to the Pension Research Center at The Wharton School at the University of Pennsylvania.
Millennials Better Prepared for Retirement than Their Parents
More than half have set specific retirement goals, J.D. Power learned in a survey
Fed Report Suggests More Investing and Financial Education Needed
Three-fifths of non-retirees with self-directed retirement savings accounts have little or no comfort managing their investments, and only one-fifth of adults answered five financial literacy questions correctly, according...
Americans Saving an Average of 8% for Retirement
A speaker at PSCA’s 71st Annual National Conference suggests reports of Americans retirement savings inadequacy are overblown and offers data to back that up.
$1 Million Not the Magic Number Most Employees Say They Need for Retirement
More than half of employees surveyed by CareerBuilder said they think they'll need to save less than $1 million in order to retire.
Employees Need Help Addressing Barriers to Retirement Saving
Workers who are unprepared for retirement are five times as likely as those who are prepared to cite high living expenses as a barrier to retirement planning. They...
Ways to Increase Retirement Savers’ Confidence
During a media call about the Employee Benefit Research Institute's latest Retirement Confidence Survey, sources shared ways retirement plan sponsors and advisers can help retirement savers feel more...
Retirees Less Confident in Ability to Handle Health Expenses
Retirees are less likely than last year to feel confident in their ability to handle basic expenses and feel less confident in their ability to handle medical expenses,...
DC Plan Participants Looking for Guaranteed Income in Retirement
Eight in 10 DC plan participants are very or somewhat interested in an in-plan investment option that would guarantee monthly income for life in retirement, and the same...
Most Americans Do Not Know How Much Retirement Savings Is Needed
This is particularly high among Gen Z (69%), Millennials (64%) and Gen X (66%), a survey found.
More Saving for Retirement, but Few Confident It’s Enough
Bruce McClary, vice president of communications at the NFCC, said men have the highest levels of financial confidence, but are less likely than women to reach out for...
Trendspotting
Getting a Handle on Retirement Readiness
Most firms don’t know how well-prepared—or not—their workers are.
Editor’s Letter
Symbiosis
A look at the connection between the PLANSPONSOR Plan Sponsor of the Year finalists and winners, the PLANADVISER Top 100...
Cover Story
2018 PLANSPONSOR Retirement Plan Adviser of the Year
Celebrating a commitment to driving excellent retirement plan design and outcomes
Americans Unsure How Long Recovery From Stock Market Volatility Would Take
A survey also revealed that among those Americans with access to using retirement savings vehicles, only 46% say they are contributing as much as they would like.
Many Americans Would Forego Social Security Payments for Student Loan Debt Forgiveness
The Student Security Act of 2017 would grant $550 in student loan forgiveness for each month a student debtor was willing to raise his or her full retirement...