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.
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.
Caught by Surprise: Crisis Curtails Americans’ Retirement Saving
Pardon the expression, but Americans were largely caught with their financial pants down as the coronavirus pandemic quickly…
IRI Issues Retirement Recovery Plan
March unemployment reached 4.4%, nearly a whole percentage point over February, as businesses were forced to reduce workforces…
Forgo 401(k) Early Withdrawal Penalty: WSJ
Calls for fiscal relief involving 401(k)s are growing louder, with The Wall Street Journal joining the American Retirement…