Search results for: Millennials
Stranded Retirement Accounts a Bigger Problem Among Low Income and Millennials
According to a study report, the strongest predictor of an account not being lost was the respondent’s knowledge of how to contact the company holding the account; accounts...
Three Quarters of Americans Have Not Planned for LTC Needs
Yet nearly six in 10 say saving for long-term care is a financial priority
CFP Board Sees Expanding Role for Digital Advisers
Looking to 2018 and beyond, traditional advisers, brokerage firms and banks are widely (and aggressively) seeking to integrate digital advice into their service offerings; the CFP Board Center...
Participants Need More Than Savings Plan for Retirement Success
Workers surveyed said help with student loan debt and more financial education would help them achieve their financial goals.
Non-Mortgage Debt Derails Retirement Savings for Many
Among those who said they would like to save more, 56% said retirement was a top reason; however, LIMRA found that debt is a major obstacle preventing many...
Two Thirds of Millennials Have No Retirement Savings
Only one-third are participating in their retirement plan
More Than Half of Americans Not Contributing to a 401(k)
Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey
Retirement Plans Give Workers a Sense of Financial Security
However, this is not always the case for lower-income workers.
Paycheck Bumps and Tax Reform Present Crucial, Brief Savings Opportunity
During a recent webinar hosted by Broadridge on the impacts of tax reform, experts urged advisers and sponsors to push participants to save—not spend—any extra pay coming in...
California Lawmaker Pushes for State DC Plan Option
A new bill in the California legislature would offer new state employees a 401(k)-style plan in which their own contributions would be fully matched by the state.
Equity Compensation Plan Participants Want Advice
Among those who have never exercised or sold their equity compensation or ESPP, 34% admit to being worried about selling under the wrong market conditions and 34% say...
Participants Achieved Six-Figure Average 401(k) Balance in 2017
Fidelity has updated its quarterly analysis of the average retirement savings balances across its book of business, and the results are once again quite encouraging.
Marketing Mechanics
The Magic of Local Events
Advisers use philanthropy to raise awareness of savings need—and advisory brand
Careful Consideration of Client Age Groups Behooves Advisers
When working with Millennials, Generation Xers or Baby Boomers, it is crucial for advisers and sponsors to reach them with targeted communications; however, there are also some fundamentals...
Many Millennials Saving More for Retirement Than Other Generations
However, their fear of investing in the stock market could hurt their outcomes, a survey reveals.
Americans on Target to Have 80% of the Income They Will Need in Retirement
This is up from 62% in 2005, Fidelity Investments says.
Nearly One in Seven Expects to Continue Working or Never Retire
Only 31% of Americans are confident they will have saved enough by the time they retire.
LGBT Workers Less Likely to Be Saving on a Regular Basis
However, an analysis among people in nine nations found U.S. LGBT workers rank the highest on the Aegon Retirement Readiness Index.