Separated defined benefit (DB) plan participants have been on the rise since 2004—a sweet spot for advisers targeting lump-sum distributions, research found.
The Income Simulator from Fidelity Investments is an online guidance tool that shows retirement plan participants how savings translates into actual retirement income.
Twenty-two percent of workers in the 2013 Retirement Confidence Survey (RCS) say the age at which they expect to retire has increased in the past year.