Search results for: Baby Boomers

While Gen Xers expect to need more than $1 million to comfortably retire, the majority of pre-retirees believe they will fall significantly short of this goal, new research...

Empower’s annual report mining data from 5.3 million workplace plan participants shows saver strains amid ‘steady’ deferral rates.

When crafting messages for up to five generations of workers, a more succinct, informal approach can help ‘maximize the exposure.’

Despite dealing with the most debt of any current generation, Gen Z and Millennial workers value saving for retirement and are the most likely to use workplace-provided advice...

While working caregivers tend to have little in emergency savings and often retire early, employers’ benefit offerings are misaligned with what caregivers want and need, new TIAA research...

Most participants procrastinate in reviewing their benefits, and many do it quickly. Plan sponsors need to communicate effectively and leverage educational tools, according to Voya.  

The average cost of health care in retirement is nearly triple what Americans estimate.  

Employers offering high-deductible health plans can use open enrollment as a time to educate participants and correct misconceptions about health savings accounts.

Loans and hardship withdrawals from a retirement savings account are more prevalent among Taft-Hartley plan members, with Gen Xers leading the way.

Generation X women are also the least likely to have a financial plan, according to a Northwestern Mutual study.