Still Top 15, But U.S. Retirement Ranking Slips Again
Global retirement readiness rankings are inherently subjective and often controversial, but Mercer says the U.S. is clearly slipping compared with some other developed nations.
Tag: Post Retirement
Not-for-Profit Retirement Plans Delivering Retirement Readiness
“The findings of the Retirement Income Index are a great testament to our clients’ use of best-practice plan design,” says Teresa Hassara, of TIAA-CREF.
Boomers in Poor Shape for Retirement
But, fortunately, there are steps they can take to improve their situation, IRI says.
Pentegra Retirement Debuts Income Report
Shifting the focus from accumulation to decumulation can boost retirement readiness, Pentegra says.
Optimism and Pessimism Both Drive American Savers
Americans on the whole are pretty fickle when it comes to money issues and retirement planning, showing equal parts optimism and pessimism.
Half of American Workers Lack a Plan for Retirement
And 40% say they feel they are ill prepared for retirement because of inadequate savings.
Only 47% of Homemakers Are Saving for Retirement
Most associate retirement with insecurity and poverty.
Market Volatility Drives Record Participant Call Volumes
It’s both a positive and a negative sign that retirement plan participant call volume hit record levels at Empower Retirement last week.
Conrad Siegel Unveils Retirement Income Solution
A new service from the firm helps retirement plan participants sustainably spend down DC accounts.
QLACs Can Reduce Longevity Risk For Some
EBRI found that, even at today’s historically low interest rates, the transfer of longevity risk provides a significant increase in retirement readiness for those who live the longest.
Retirement Planning Takes a Life Vision
There is more to retirement planning than making financial calculations—more to living in retirement than securing an income stream.
Retirement Readiness Still Dogs Employers
Nearly four in ten employers surveyed say fewer than half their workers are financially equipped to meet retirement head-on.
People More Concerned About Retirement Than Health
Participants view their 401(k) as an essential workplace benefit.
Putting Social Security in a Value Proposition
Pre-retirees want to know about Social Security—and they say they’ll switch advisers if necessary.
Advisers Addressing Health Care Costs in Retirement
Advisers say they are biting the bullet to educate participants about these high costs.
33% Say Social Security Will Be Primary Retirement Income
For 80% of Americans, they will rely on Social Security substantially or somewhat.
Firms Want to Keep Older Workers, but Cite Challenges
Among the challenges cited by employers were increased health care benefits costs.
Beliefs Range Widely on Social Security Stability
Many workers in the U.S. lack confidence in Social Security, yet more than half have done nothing to address personal longevity risk.
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Annuities Seen as the Better ChoiceAn analysis of systematic withdrawals vs. annuities Art by Michela ButtignolAn academic analysis by Mark Warshawsky, a visiting scholar at the Mercatus Center at...
Health Care Costs Remain Major Retirement Expense
A 65-year-old couple can expect to pay $220,000 on health care in retirement, a government group says.