Search results for: Millennials
Financial Stress on the Rise
An increase in health care costs over the past two years is directly attributing to decreased retirement savings, a survey finds.
Practice Development
Scouting for Recruits
Enrollers can make good advisers, advisers good support staff, and your best source for referrals—what adviser firms look to first when seeking new hires—could be right down the...
Millennials Confident in Their Financial Skills
Despite economic hurdles, the majority thinks they will “make it” financially.
Americans Want Financial Literacy Taught in Schools
Nearly one-quarter of Millennials learn about investing in school.
Northwestern Mutual Debunks Millennials’ Money Misconceptions
Even if they are earning little, they need to start saving for retirement early on in life.
Bankrate Measures Big Jump in Millennials' Savings
Millennials are saving more money than any other age group, with 62% stating they are saving more than 5% of their incomes, according to a Bankrate.com survey.
Financial Wellness Needs Diverse Among Employee Groups
Financial wellness needs can be age-based, income-based, or based a number of other factors, so any financial wellness solution needs to address the broad spectrum of needs, says...
In-Person Meetings Best Retirement Plan Participant Motivator
A Lincoln Financial survey found a significant decline in participant engagement and a sharp rise in instinctive decisions.
‘How Much Have Americans Saved?’
More than half of Americans said in a survey they have less than $10,000 saved for retirement.
Advisers Give Big Boost to Financial Wellness Programs
Participants who engage with a financial professional have better results than those who just use online tools.
Americans Desire Advice About Saving and Investing
Less than two-thirds of Americans interviewed are confident they are saving enough for retirement, down from 72% in 2015.
Participants and Plan Sponsors Part Ways on Assessing Readiness
What plan participants know about adequate savings rates and what plan sponsors think they know are often miles apart, according to a survey released by BlackRock.
Even Occasional Savings Bumps Can Boost Retirement Outcomes
Fidelity realizes retirement plan participants have competing financial priorities and don't feel they can increase their savings every year.
Employer Retirement Plans Help Millennials with Savings Goals
A survey finds Millennials are committed to saving.
trendspotting
Trendspotting
A look at the latest concerns and actions among employees, and what they mean for advisers
Employees Want Overall Financial Help
The top area giving employees the most financial stress is saving enough to meet retirement goals.
Leakage Is a Serious Problem for 401(k) Plans
Millennials and those with balances lower than $20,000 are at the greatest risk for cashing out.