Much of the conversation about the later years in life focuses on the “retirement crisis”; in fact, nearly 70 percent of working-age adults do not participate in an employer-sponsored plan, according to a 2015 study by the Schwartz Center for Eco...
With baby boomers and the silent generation making up an average 71 percent of an advisor’s client base, most clients are either in retirement or coming up on it. This means retirement planning support will be even more important to advisors.
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Retirees will need to amass small fortunes to pay for their health care, with lifetime forecasts typically ranging from $150,000 to $400,000. Yet advisors say they’ve had substantive conversations about senior health and elder care with less than...
(Bloomberg) -- Among the 14.2 million workers with retirement savings in plans administered by Fidelity Investments is a small but impressive group of 19- to 35-year-olds.
These 35,000 millennial savers have been in the same employer's 401(k) ...
(Bloomberg) -- Millions of retirees still live off traditional pensions. Checks from a former employer arrive, and the retirees use them, along with Social Security, to buy groceries and pay rent. They might have investments, but those can be...
They can't all grow up to be Michael Phelps. | Copyright China Photos, Getty Images
While participating in competitive sports can teach youth valuable lessons, it can be costly. Parents whose children participate in competitive youth sports sp...
(Bloomberg) -- We’re all looking for a safe but adequate income stream, and that includes the very wealthy. Like most investors, they’re having a hard time finding it...
As the lawyers work their way through the Department of Labor’s ruling that mandates a fiduciary level of care for advisors to retirement accounts, one emerging trend among consultants, plan sponsors and broker/dealers is an interest in...
Dollar, dollar bills, ya'll. | Image via @cashcats Instagram.
MassMutual is turning to cats and dogs to get people to save more for their retirement. The insurance company has launched a direct marketing campaign promoting the popularity of pe...
