Workers preparing for retirement with the assistance of a financial professional feel better-equipped to manage several potential risks to their retirement.
Data and Research
Educators who work with an adviser are nearly twice as receptive to learning about managing finances from social media as their peers who do not.
Female government workers save at lower rates than men in workplace defined contribution plans.
Plan sponsors with dedicated financial advisers usually have better 401(k) plan offerings and participation, according to a survey.
Consultants report 76% of plan sponsors prefer to retain retiree assets in plan, up from less than half in 2015.
Retirement plan participants are staying on track, not changing allocations, in the face of market volatility.
The Employee Benefit Research Institute's Retirement Confidence Survey revealed workers’ expectations of and retirees’ experiences with workplace plans.
Lawmakers and states are making efforts to address the perceptions that some businesses are too small to offer a plan and that 401(k)s are too costly to administer.
Fidelity champions health savings accounts paired with a high-deductible health plan as a means of meeting workers’ rising health care costs in retirement.
Studies find differences in 403(b) and 401(k) plan design and participant behavior, but both plan types are increasing in importance for employees.
Employee-owners at S corporations can accrue benefits leading to superior retirement readiness.
Investors with $5 million of investable assets have envisioned a new retirement roadmap.