Browsing Tag
Retirement Readiness
112 posts
Retirement readiness is the measure of how prepared someone is to maintain their desired lifestyle after leaving the workforce. It considers financial factors—such as savings, investments, income sources, and debt—as well as non-financial aspects like health, housing, and personal goals. Being retirement-ready means having the resources, plans, and confidence to live comfortably without relying on employment income.
One in Five Retirees Have Already Depleted Savings
The Clever report finds that others are completely reliant on Social Security, with 60% believing the federal agency will cover at least half of their retirement income
Most Americans Saving for Retirement, But Many Don’t Know How Much They’ve Saved
TIAA Institute report finds most people share similar plans for retirement, but readiness varies widely by race and ethnicity
Financial Savings Strategies Among Leading Resolutions for 2024
Allianz Life data finds more U.S. workers are wanting to manage their money better or save more in the new year
How Different Demographics Tackle Retirement Readiness
Latest research from TCRS highlights disparities that diverse groups face in preparing and saving for retirement
7 Industries Most Prepared for Retirement (and 3 that are Not)
Across all industries, half of workers have less than $100,000 saved for retirement, Human Interest survey finds
401(k) Contributions Steady, Account Balances Up 11% in 2023: Empower
Despite challenging economy, recordkeeper’s third annual study of participant behaviors shows they are making positive financial decisions
Employers Overestimate Employee Retirement Confidence
A large number of employers believe their employees are prepared for retirement, but only 63% of plan participants feel the same.
‘Late’ Boomers Faced the Most Impact During the Great Recession
The CRR at Boston College explains how the Great Recession, among other factors, continues to affect Baby Boomers' retirement savings today
One Half of U.S. Households Face Retirement Risk
New findings from the National Retirement Risk Index surveyed U.S. households on their level of retirement risk and financial worries
Nearly 4 in 10 Americans Say Their Retirement Strategy is ‘Derailed’
Allianz Life study finds Americans facing a frightening new retirement reality due to inflation, market volatility and other challenges