Tag: Post Retirement

Two leading executives discussed the new fiduciary rule, retirement readiness, income and more.

They say they do not see the value and that the fees are too expensive.

Among the worrisome data points shared with this week with U.S. Senators on the Special Committee on Aging is that nearly half of individuals cannot easily cover an...

They also believe that balances should be translated into income streams.

However, a survey found nearly half of retirees are either very worried or somewhat worried about outliving their retirement savings.

Participants 'unsure' about their retirement prospects admit they need knowledge about investing and haven't calculated how much they need to retire, and they are less engaged in their...

A survey segments respondents based on the propensity to save regularly and their general feelings toward money, and reveals who is most confident about their financial future.

However, Millennials are using technology more frequently for managing finances and leading healthy lifestyles.

That is followed by Social Security being reduced or ceasing to exist.

But even 36% of the highest socioeconomic status households have a retirement gap.

They are also looking for fiduciary advisers and leading-edge technology.

An impressive 72% of Millennials report actively saving for the long term, starting on average at the young age of 22.

While more than half of Americans across age groups are concerned about paying for health care in retirement, 41% of Baby Boomers say they are "very" concerned, according...

And only 21% are working with a financial adviser

Pensions are not entirely a thing of the past, but few employees in the for-profit private sector have access to a defined benefit plan, relying instead on defined...

Of the 41% who haven’t started saving for retirement, the majority say they aren’t making enough.

Since retirees are spending less than they withdraw from financial accounts, they are accumulating money in checking accounts and may need to reinvest those assets, says Steve Utkus...

Nearly one-quarter have adopted at least one approach in their DC retirement plans.

For nearly one-third of affluent investors, Social Security will provide half their retirement income, according to a study.