Browsing Tag
Retirement Savings
122 posts
Retirement savings are the funds individuals set aside during their working years to provide income and financial security after they stop working. These savings can be held in accounts such as 401(k)s, IRAs, pensions, or personal investments. The goal is to build enough money to cover living expenses, healthcare, and lifestyle needs throughout retirement.
4 in 10 Women Won’t Retire Until Age 70—If At All
New Transamerica Center for Retirement Studies research finds societal headwinds are undermining women’s retirement security
Americans Are Increasingly Directing Attention to Retirement Plans
Voya research finds plan sponsors are likelier to retain employees if they offer an employer-sponsored retirement plan
Higher Education Employers Rank Retirement Plans as Top Priority
Research from Voya finds a majority of higher education institutions believe DC retirement plans help attract and retain employees
Americans Point to Inflation for Lack of Retirement Savings
New Bankrate report finds inflation and other reasons are keeping Americans away from contributing to their retirement goals
$1 Million for Retirement? It’s Not Enough
Northwestern Mutual study finds Americans now believe they will need $1.25 million for a comfortable retirement—a 20% jump over last year
5 Ways Inflation is Changing Retirement Planning
GOBankingRates survey finds 3 in 4 Americans say inflation is impacting how they save and plan for retirement. Here’s what they’re doing
Americans’ Retirement Savings Lags
Baby Boomers have only saved 39% of what they should have for retirement, but Millennials are a bit more on track
How America Saves: At an All-Time High, By This Standard
Vanguard’s latest comprehensive analysis of nearly five million 401k accounts shows participants are saving 7.3% of their income
Auto-Enrolled 401(k) Loan Protection Has Potential to Save $2 Trillion
Analysis from EBRI and Custodia Financial confirms the positive impact of protecting American workers from harmful 401k loan defaults
Retirement Confusion, Concern Spans Generations
While 71% of Americans cite “living comfortably in retirement” as a top life goal along with good health and financial wellness, only 49% have confidence that their savings will be enough