(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
April 20th, 2018

$280K Is What a Couple Retiring This Year Will Need to Cover Health Care

A 65-year-old couple retiring this year will need $280,000 to cover health care and medical expenses throughout their retirement, according to Fidelity Investments. This is a 2% increase from 2017—and a 75% increase from Fidelity’s first estimate in 2002. Fidelity says the cost breaks out to $133,000 for men and $147,000 for women, primarily because of their expected longer lifespans. Read more >

Women Say Financial Industry Caters to Men

A study points out the differences in women’s and men’s life journeys and challenges that should be considered in women’s retirement planning. Read more >
ASK THE EXPERTS
Groom Law Group and Cammack Retirement Group will field your questions concerning 403(b) plans and regulations. Email rebecca.moore@strategic-i.com with Subject Ask the Experts


Consultants Support Retiree-Focused Investment Options

Defined contribution (DC) plan consultants surveyed by PIMCO offer suggestions for helping retirees with income, core investment menu design and other DC plan features. Read more >

DOL Announces Fiduciary Seminar in New York City

The compliance assistance program will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan. Read more >

Break From the Grind: Job Hopping: A Benefit or a Bust?

More workers—especially those from younger generations—see rewards in job hopping than before, according to research from global staffing firm Robert Half. Sixty-four percent of professionals polled think changing roles every few years can be beneficial, with the biggest perk being a higher salary. However, 44% of CFOs said they are not at all likely to hire a candidate with a history of job hopping because they want to avoid losing them in the future. Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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