Debt Hampers Retirement Saving for Those Closest to Retirement
Fifty-five percent of Baby Boomers say they would save more for retirement if they could pay off their debt, GOBankingRates found in a survey.
Tag: retirement readiness
Plan Sponsors Turning to Financial Wellness Programs to Improve Retirement Security
Ten percent more employers than in 2016 that offer retirement programs are measuring the financial readiness of employees to retire, a survey found.
Workers in AB Retirement Confidence Survey Cite Desire for Income
Nearly half of workers feel confident about their retirement prospects, an AllianceBernstein survey found.
Individuals Have Concerns About a Lengthy Retirement
A survey of more than 500 Americans age 55 and older finds the top concern about a lengthy retirement is health care costs and the most significant investment...
Another Survey Finds Saving for Retirement Is Employees’ Top Financial Concern
Monthly expenses are their second concern, The Standard found in a survey.
How to Interpret Participant ‘Stress’ About Retirement
In conversation with PLANADVISER, Lincoln Financial Group’s leader of retirement plan services explains why more Americans today cite “retirement” as their No. 1 financial stressor; in some ways,...
Who Is Responsible for Retirement Security?
National Retirement Security Week, from October 21 through 27, highlights the complementary roles of governments, employers and individuals in creating better retirement security for everyone in the U.S.
Picturing Life in Retirement Boosts Savings
When asked to think about their life in their 60s, 70s and 80s, people said retirement savings should be increased by 31%, Capital Group found in a survey.
State Street Claims It Has Formula for Retirement Happiness
Rather than look at objective rankings of retirement systems, State Street set out to measure how it feels for individuals to prepare for, approach and experience retirement, and...
Aggressive Saving Is Simply Essential for Retirement Adequacy
A detailed analysis prepared by Aon suggests the typical worker would have to start saving at age 25 and put away 16% of pay annually—including the employer retirement...
Americans’ Top Financial Concern is Retirement Savings
However, only 33% are confident about their retirement readiness.
Editor’s Letter
Burying the Lead?
Investing is about how you behave more than it is about what you know
Millennials Struggling to Establish Themselves Financially
Gen Xers are in a much better financial place, with many having paid down their student loans. This is enabling them to focus on retirement savings.
PANC 2018: Understanding the Participant Mind
Obtaining data on participants from retirement readiness tools, recordkeepers and aggregation tools is important in order to tailor effective communications.
DC Plan Features Appreciated by Participants Who Want Saving and Investing Help
Sixty-one percent of all participants surveyed by J.P. Morgan agreed with the statement, “If I could push an ‘easy’ button for retirement and completely hand over my retirement...
Misperceptions Over the Affordability of Using an Adviser
A survey by OneAmerica indicates roadblocks in affording financial adviser services.
PANC 2018: Financial Wellness
The importance of measuring return on investment and addressing participants’ short-term needs.
Auto-Portability Would Help Reduce the Retirement Deficit Significantly
If combined with the Automatic Retirement Plan Act of 2017, the retirement savings shortfall would be reduced by $932 billion, or 22.6%, according to EBRI.
Exploring How Sponsors Can Offer Guaranteed Lifetime Income
One option is through a profit sharing plan that invests the money in an annuity once a participant retires.
The Median Retirement Account Balance Among All U.S. Workers Is ‘Zilch’
Over half have nothing set aside in any type of employer retirement plan.