Most consumers (98%) who are married, partnered or have dependents, lack enough life insurance coverage to replace their income, according to a survey by Nationwide Financial.
Most employees accept responsibility for financing retirement and rely on 401(k)s to get there, but many lack confidence in their ability to manage their retirement accounts effectively.
High-net-worth investors at diverse income levels differ in a number of ways ranging from investment strategies to social media usage, according to the Spectrem Group.
Pension plan participation is much higher among couples when they are viewed as a unit, rather than measured separately as married men and married women.
An analysis from New York Life found the average contribution rate for participants who have taken loans from their 401(k) plans is 5.63%, compared with 7.23% for participants...
One-third (33%) of those polled, who are already in retirement, confirmed they are experiencing a lower standard of living than during their working years, based on their monthly...
An analysis of defined contribution (DC) participant data by the Investment Company Institute (ICI) indicates employees are continuing to save for retirement.