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| Benefits & Administration |
| Even NFL Players Could Use Retirement Planning Help |
| Initial bankruptcy filings among National Football League (NFL) players begin very soon after retirement and continue at a substantial rate through at least the first 12 years of retirement, according to a study published by the National Bureau for Economic Research (NBER). Researchers note that a career lasting six years, the median length, will provide an NFL player with more earnings than an average college graduate will get in an entire lifetime—plus a modest pension.Read more > |
| Americans Short on Financial, Retirement Goals |
| Fifty-eight percent of Americans believe their financial planning needs improvement, 21% are “not at all confident” they’ll be able to reach their financial goals, and more than one-third (34%) have not taken any steps to plan for their financial future, according to a study from Northwestern Mutual. While respondents said they are concerned about retirement, 43% have not spoken to anyone about retirement planning.Read more > |
| Debt Concerns Easing for Workers and Retirees |
| According to the 2015 Retirement Confidence Survey (RCS) from the Employee Benefit Research Institute (EBRI), 13% of workers (down from 20% in 2014) and 9% of retirees (down from 16%) report their level of debt is a major problem. An additional 38% of workers and 22% of retirees describe it as a minor problem.Read more > |
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| Sponsored message from American Funds |
| Webinar Invite –
Evaluate TDFs for Better Participant Outcomes
Join us on May 7 as industry professionals from
American Funds discuss the five most important elements of the target-date fund
(TDF) selection process. Register now for this 60-minute webinar, including a
live Q&A.
Read more > |
