Search results for: Millennials
Millennials’ Retirement Prospects Are Challenging
They earn less than older generations, are less likely to participate in a retirement plan, and will have to contend with longer life spans and rising health care...
Evidence Mounts To Show Automated Plans Do Better
More than 82% of those from the Millennial generation, defined here as those born between 1977 and 1993, are now invested in a diversified portfolio.
Millennial Investors Want Perks and ESG Investing
A new Spectrem study reveals that almost a third of Millennial investors want their financial adviser to “reward them with gifts or other favors” in exchange for their...
Some Millennial Retirement Expectations Unrealistic
One-third say they plan to save $200,000 or less to be comfortable in retirement; they only expect to live to age 81; and very few feel they will...
Consumer Trust in Advisers Shaped By Memberships, Experience
Thirty-five percent of Americans surveyed by Million Dollar Round Table say their trust would increase in financial professionals if they can demonstrate they are active members of industry...
Generation X a Key Target for Advisers
More than half of this generation currently does not have an adviser.
Voya CIO Analyzes Fixed-Income Opportunities
“As we enter 2018, the macro environment remains supportive for the fixed-income markets,” reports Voya Investment Management CIO of Fixed Income Matt Toms.
Research and Surveys Can Help Inform Plan Sponsor Client Decisions
From what participants want, to retirement plan trends and what other plan sponsors are doing, data and research can be used to help retirement plan sponsor clients decide...
Forty Percent of Investors Want to Increase Retirement Plan Contributions
This is up from 34% in 2016.
Mutual of America Turns to Social Media to Educate People About Retirement
The firm is offering tips, tools, studies and articles on Facebook, Twitter and LinkedIn.
Measuring Retirement Readiness Key to Clients’ Workforce Management
Waiting until a plan sponsor sees that employees are not retiring on time is too late to manage the pipeline of talent, and having employees unexpectedly retire early...
Millennials Could Fare Worse in Retirement Than Older Generations
The Center for Retirement Research projects that 40% of those born between 1976 and 1985 will be unable to replace 75% of the income they received between the...
Many People Plan to Continue Working in Retirement
With Americans expecting to live to age 90 and many finding retirement savings a challenge, work, at least part-time, could become a retirement expectation for many.
T. Rowe Price Adds DoubleNet Pay to Financial Wellness Program
The firm says the tool allows individuals to take control of their competing financial priorities by automating their spending and saving for short- and long-term goals.
Sponsored by American Funds
Movers & Shakers: Ryan Tiernan Vice President, National Accounts, American Funds® from Capital Group
Ryan Tiernan speaks with PLANADVISER about health savings accounts (HSAs) and the opportunities for advisers to work with such plans.
Sponsored by American Funds
Nearly Half of Americans Say Their Financial Situation Improved in 2017
Another 40% say they reduced their debt during the year.
More Advisers Expect Increased ESG Demand
Already, 18% are incorporating environmental, social and governance funds into their practices.
Recession Has Had a Major Influence on Millennials
Nearly one in four say they would be willing to save more than 50% of their paycheck to have more money in the long run.
Millennial Advisers Offer More Financial Planning Services Than Others
Cerulli says they are more receptive to comprehensive financial planning than Gen X or Boomer advisers.
Credit Card Debt Preventing Many Gen Xers From Saving for Retirement
Fifty percent of Gen Xers surveyed say they cannot start saving for retirement until they pay off their credit card debt.