Allianz Life Survey Reveals Financial Stress but Optimism for 2025 Among Americans
Ten percent of respondents cited not seeking professional financial advice as one of their worst habits.
Tag: retirement readiness
Principal’s Houston Says Recordkeepers Must Go Beyond Scale, Innovate to Expand Services
The head of the recordkeeper, asset manager and insurer foresees further consolidation, with winners innovating for advisers and participant services.
Gen Z Savers Starting Strong, But Risk Being Overly Optimistic
Although Gen Zers are showing a strong start to retirement savings, they still may be too aggressive in their financial...
Employees Falling Short of Retirement Objectives
Lack of retirement preparedness is prompting employee interest in financial wellness, Qualified Plan Advisors found in its annual wellness report.
Millennials Redefine Retirement as ‘Financial Independence’
Although Millennials are somewhat confident about having enough retirement savings, a significant number experience 'money dysmorphia,' according to new research.
PGIM Unveils Retirement Confidence Index
The RetireWell Confidence Index ranks worker responses on a scale of six confidence levels.
Americans Remain More Wary of Inflation Than Retirement Shortfall
Fears about both inflation risk and retirement income remain elevated, per annuities and insurance provider F&G.
Low- to Moderate Income Workers Face Brunt of Climate Change Effects
The financial situations of African Americans, Hispanics and women are particularly vulnerable to the results of extreme climate events.
US Workers Expect AI to Extend Human Longevity, Increase Retirement Needs
A Nationwide survey found that Americans are bullish on artificial intelligence but less confident in their ability to pay for...
Most Retirees Would Change Retirement Strategy, Lincoln Financial Finds
Separately, Hartford Funds’ Mike Lynch says employers should consider a program for retirees to mentor pre-retirees to improve retirement readiness.
US Retirement System Matches Worldwide Average With C+ Grade
The US scored 63 on an overall index for pension coverage value, 23 points behind the No. 1 spot held...
Half of Hispanic Adults Not Prepared for Retirement, LIMRA Reports
Financial institutions have an opportunity to design solutions tailored to the needs of a huge potential audience of Latino workers.
Vanguard Says Sweeps, Auto Enrollment Still Key in Combatting Savings Gaps
Retirement readiness is strong among many workers, but large gaps remain for plan sponsors and advisers to address.
Most U.S. Workers Expect to Fall Short of $1.1 Million Retirement Savings Goal
64% of Millennials and 62% of workers aged 45 and older said their workplace retirement plan will not reach the...
US Workers’ Retirement Readiness Declines Amid Market Volatility
American savers only have 78% of the income needed to cover expenses during retirement, according to Fidelity, down from the...
Workers Remain Optimistic About Retirement
Workers are confident that they will have enough money for basic expenses during retirement.
Publisher’s Note
Greater Expectations
Many advisers have work to do, to help their clients help their workers attain retirement readiness.
Advisers Can Integrate Clients’ Self-Directed Retirement Accounts
A partnership between a financial technology company and registered investment adviser can integrate clients’ retirement assets into their practice.
Advisers Can Help Women Add to Growing Retirement Confidence
Women are adjusting their approach to finances and value advisers who will listen to them.
Americans Say They Want to Work With an Adviser This Year
A survey finds respondents are concerned about future uncertainties and say long-term financial planning has become more important.