Browsing Tag
Retirement Savings
125 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.
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
Workers Put More Into Retirement Savings Than Previous Year
New study from Empower Retirement says the “catalyzing” effect of the COVID-19 pandemic changed the way Americans manage their money
Alarming Percentage of Americans Have Less Than $25,000 Saved for Retirement
Yet nearly one in five has more than $1 million saved, new survey finds
Retirement Savings Mostly Flat, But Some Bright Spots: Fidelity
The investment company’s newly released retirement analysis shows IRA balances made slight gains since last quarter, while 401k and 403b balances dipped
Rethinking the Role of Fixed Income Along the Retirement Savings Journey: From Theory to Practice
We believe that target date funds should align with evolving participant objectives, and fixed income plays a critical role in managing risk.
Don’t Be an April Fool: Celebrate 4/01k Day Instead
Message from Lincoln Financial this April 1 (or 4/01k Day): Don’t let plan participants fall for common retirement saving misconceptions.
Here’s How Much the Average Retiree Has Now (Hint: It’s Not Enough)
According to a new report, the average retiree has $177,787 in retirement funds, which is just 39% of…
Pandemic Moving Retirement Timelines For 30% of Americans
Retirement timeline changes after COVID-19, with 30% of Americans delaying or accelerating plans, study shows generational shifts.