A new cut of survey data from the LIMRA Secure Retirement Institute (SRI) shows four in ten single retirees believe their savings won’t last if they live to age 90, while just over one-third of married or partnered retirees feel the same way.
Empower identified “habits of success” that correlate with higher projected retirement income—saving in a workplace retirement plan, saving at a higher level and having a formal plan for retirement.
My Total Retirement is designed to help an individual from the goal-setting stage at the start of the one’s career through a withdrawal strategy that’s implemented when their working years conclude.
The majority of Gen Xers surveyed by T. Rowe Price reported they receive advice through their employer.