Retirees More Worried About Health Than Money
Ninety-one percent believe their savings will last throughout their lifetime, MassMutual found in a survey.
Tag: Retirement Income
Most Retirees Only Withdrawing Required Minimum Distribution
A mere 21% feel confident about drawing down their retirement plan assets, Ameriprise Financial found in a survey.
Considerations for Helping Terminating and Retiring Participants
“If a plan sponsor can invest in an adviser or other person to provide direction for terminating or retiring employees, that would be extremely helpful,” Terry Dunne, from...
Dividends, Brokerage Accounts Key Sources of Retirement Income
Together, they supply 40% of retirees’ income.
Myths and Realities About Spending in Retirement
Some people are running out of money in retirement, but many are refusing to spend and are living below their means. Are they doing so out of fear,...
An Uncommon Argument Against Greater Savings
In a frank conversation with PLANADVISER, Andrew Biggs points to some common misconceptions about retirement income replacement among lower income groups.
Social Security Uncertainty Must Inspire Concerted Action
Commenting on new Social Security deficit projection figures published this week, Rob Fishbein, corporate counsel at Prudential Financial, says it’s not time to hit the panic button yet—but...
Experts Probe Potential Signs of Variable Annuity Sales Recovery
Variable annuities continue to face challenges in the wake of transaction processing disruptions caused by the now-vacated DOL fiduciary rule; however, experts anticipate sales to recover as business...
Social Security Board Revises Depletion Date, Calls for Congressional Action
The Social Security OASI Trust Fund is projected to become depleted in late 2034, as compared to last year’s estimate of early 2035.
Cerulli Foresees 401(k)s Embracing Retirement Income
With many Boomers retiring, the research firm says the industry is at “an inflection point.”
Practice Management
The Retirement Purse
Should a participant's TDF still seek returns after he crosses the finish line?
Workplace Demographics Shape a New Understanding of Retirement
Take a couple that is healthy and retiring today at age 65; the probability of at least one member of this couple living to age 75 is 97%,...
Older Americans Have Learned to Balance Income and Spending
A survey from the Society of Actuaries suggests that if retirees are able to survive financially to age 85, concerns about finances drop significantly.
Retirement Readiness Measure Added to dailyVest’s Plan Health Tool
PlanAnalytics will now utilize retirement readiness data from GuidedChoice.
Gig Economy May Replace Retirement
Sixteen percent of Americans plan on having gig economy jobs in retirement.
Americans Support Retirement Security Public Policy
Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.
Risk-Averse Investors Working Against Their Retirement Risk Fears
For advisers, 78% of respondents to a survey who use advisers indicate their advisers discuss risk tolerance, although only 50% say they discuss guaranteed lifetime income with their...
DC Plan Industry Still Falls Short on Distribution Options
Looking across today’s DC plan marketplace, researchers suggest it is still much more common to see plan designs that are tailored to drive retired or terminated participants out...
Trust in Social Security Falters in 2018 Planning & Progress Study
About one in three Americans have less than $5,000 in retirement savings, and one in five have no individual private retirement savings at all, according to a new...
Retirement Taxes Can Derail DC Plan Participants’ Progress
“There are strategies of rolling some amount of traditional 401(k) dollars over into a Roth IRA that are potentially advantageous, especially if you have a couple of years...