Single Retirees Have Different Advice Needs
LIMRA Secure Retirement Institute data shows single retirees feel less confident than married retirees; many say they want more professional financial advice.
Tag: retirement readiness
Nearly Two-Thirds of Retirees Wish They Had Been More Knowledgeable About Saving and Investing
In addition, two-thirds of those surveyed by the Transamerica Center for Retirement Studies say their most recent employers did “nothing” to help pre-retirees transition into retirement.
Gallagher Launches Consulting Practice Targeting Financial Wellbeing
The program, described to "optimize wellbeing," launches at a time when employers are looking for more financial wellness platforms that better suit the needs of their employees.
Asian-Americans Place High Levels of Importance on Financial Goals
Prudential Financial looked at the financial health of Asians, Blacks, caregivers, Latinos, LGBTQ Americans and women.
Employers Must Act Ahead of Retirement Wave
According to Willis Towers Watson, just over 80% of organizations acknowledge the importance of their older workers and managing the retirement process; however, only about half believe they...
Advisers Boost Investors’ Retirement and Investment Confidence
Those who work with a financial adviser are more than twice as confident they will have enough money to enjoy a comfortable retirement, Legg Mason found in a...
Retirement Readiness Not No. 1 Measure of 401(k) Plan Success for Plan Sponsors
The Plan Sponsor Council of America’s 61st Annual Survey of Profit Sharing and 401(k) Plans finds only 31.4% of 401(k) plan sponsors use participant income replacement ratios as...
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The Value of Detailed Plan Analytics
Report says using more specific data will improve retirement readiness
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Aggressive Saving Is Simply Essential
One projection calls for more than $1 million in savings
Financial and Physical Wellbeing Boost Workplace Productivity
Findings in a Buck survey demonstrate that a failure to creatively invest in employee wellness can result in many adverse consequences for the success and sustainability of a...
Employee Knowledge Levels Indicate Need for Financial Wellness Education
Employees expressed concerns about budgeting, health care and emergency funds, and low levels of knowledge about financial and retirement topics were reported.
Latino Workers Need Far Better Access to DC Plans
Working in collaboration with Hispanic civil rights and advocacy organization, the National Institute on Retirement Security has published a detailed analysis of the challenges facing Latino workers in...
Voters’ Retirement Confidence Declines
Yet, 23% are waiting three to five years before retirement to start working with an adviser, according to a survey.
Financial Wellness Programs Have Measurable Impact on Retirement Readiness
For a company with 50,000 employees, this could lead to a savings of $65 million to $97 million a year, Financial Finesse found.
Average Age Americans Plan to Retire Is 62
However, only 56% of people have calculated how much income they need to retire, MassMutual learned in a survey.
Wells Fargo’s Annual Retirement Study Portrays an Industry in Transition
Executives overseeing the survey report agreed that the U.S. is just beginning to see the real impact of decades of public policy decisions and private employer efforts to...
Half of Households Likely to Face a Retirement Shortfall
Looking at whether retirees will be able to replace 75% of their final-year earnings, the Center for Retirement Research at Boston College found the number of households at...
Lack of Emergency Savings Intersects Retirement Concerns
The majority of respondents to a Cuna Mutual Group survey feel positive about their prospects for upward wealth mobility; on the other hand, a quarter say they have...