Global Retirement Index Declines Pinned to Aging Populations
An aging population seems to be the greatest challenge facing the retirement systems of developed nations; Japan, where 27% of people are already over the age of 65,...
Data and Research
Unpredictable Retirement Age Calls for New Planning
Morningstar suggests individuals and their advisers must incorporate retirement age uncertainty in their retirement planning by focusing on saving.
LIMRA Reports Strong Pension Buy-Out Activity in 2018
Year-to-date, buy-out sales have been $9.6 billion, a 76% increase from the first two quarters of 2017.
A Combination of Changes Can Improve an Individual’s Retirement Outlook
For both the general public and mass-affluent households, saving more, choosing to invest one’s savings, delaying retirement and lowering standard-of-living expectations have a far greater effect on one’s...
Cash Balance Plans Particularly Appealing to Small Businesses
Kravitz research found that 92% of cash balance plans are in firms with fewer than 100 employees.
Missing Retirement Plan Participants Fare Better Than Those Who Cash Out
Despite intense DOL activity surrounding missing retirement plan participants, at least those participants’ retirement savings are preserved, say executives at Retirement Clearinghouse. And, focusing on a solution to...
Gen X and Gen Y Making Sacrifices to Save More for Retirement
Many Gen Xers and Gen Yers deferred 90% or more of the Internal Revenue Service (IRS) maximum allowance for contributions to their retirement accounts, according to research by...
Young Investors May Be Too Confident About Retirement
And they generally think they will need to save half of what Baby Boomers think is needed to retire comfortably.
Americans Continue to Increase Retirement Savings
Those who did not increase their retirement savings cited stagnant income, other financial priorities, increased household expenses and an unexpected financial emergency as reasons.
Majority Think Financial Security Is Unattainable
Paying down debt is a higher priority for survey respondents than saving.
Few Sponsors Very Confident in Workers’ Retirement Security
A survey finds many small employers do not offer employees a retirement plan, and few employers that offer retirement plans extend eligibility to part-time workers.
Plan Sponsors Stepping Up Their Auto Enrollment Game
The percentage of employers that default participants at a 6% deferral rate or higher more than doubled in the past decade to 19%, an analysis from Fidelity finds.
Americans’ Biggest Financial Worry is Retirement Savings
Younger Baby Boomers and Gen Xers are the most stressed about retirement, a Bankrate.com survey found.
Half of Pre-Retirees Expect to Return to Work
Their primary reasons are financial and to fight boredom
Retirement Plan Sponsors Could Do More to Improve Employee Retirement Outcomes
TIAA supports offering lifetime income options and makes other plan administrative and design suggestions to alleviate plan sponsors’ concerns about their employees’ retirement outlook.
Younger Generations Not Managing Money With an Eye Toward the Future
A report warns about the “troubling lack of knowledge about debt” among all age groups in the U.S., but especially among young adults.
Plan Sponsors Changing Plan Designs, Investments to Improve Participant Retirement Outcomes
Preparing participants financially to be able to retire beat out reducing plan costs as plan sponsors' top concern in this year's Fidelity Investments Plan Sponsor Attitudes Study.
Financial Needs Top Reason Older Workers Employed or Looking for Work
“Need the money” (87%) and “to save more for retirement” (84%) are the most commonly selected reasons older workers are working or looking for work, and 9% indicated...
Wage Inequality Will Exacerbate Retirement Income Inequality
If the hourly wage gap between college and high school graduates continues to grow at its current pace, the impact would reverberate into retirement, research from the Urban...
LendEDU Suggests Millennial Spending Habits Won’t Harm Their Retirement
While 27% of Millennial Americans allocate more cash towards coffee than retirement savings, most save an average of $480 per month on retirement.