Browsing Tag
Saving for Retirement
74 posts
Saving for retirement means regularly setting aside a portion of your paycheck into a tax-advantaged investment account to build long-term financial security. With a 401(k), contributions are typically made pre-tax (or after-tax with a Roth 401(k)), allowing your money to grow through investments like mutual funds. Many employers also offer matching contributions, which can boost your savings. Over time, consistent contributions and compound growth help you accumulate a nest egg you can use to support yourself after you stop working.
Health Savings Account Asset Growth Booming
Devenir report shows strong stock market led to record asset growth in 2023 even as new account growth slows
5 Best, Worst Cities to Save for Retirement
New report ranks the top places in the U.S. to live to help build a nest egg, as well as the toughest places to do so
Fidelity HSA Assets Hit Record-High $24 Billion
Younger investors lead to surge in health savings account balances
Savers Concerned About Inflation; Few Taking Action to Combat It
Lincoln Financial study finds inflation is No. 1 financial concern among consumers across generations
$1.46 Million: New ‘Magic Number’ for a Comfortable Retirement
Amount needed surges 53% over 5-year span, according to Northwestern Mutual study
Helping Key Employees Build Retirement Assets a Growing Priority for NQDC Plans
While a vital top talent recruitment tool, Plan Sponsor Council of America’s survey of non-qualified deferred compensation plans finds spike in goal of “accumulating assets”
Gen Z Outpacing Earlier Generations in Retirement Savings
And they really value their 401(k) plans, separate new research from ICI and The Standard finds
Auto-Accounts: The Next ‘Nudge’ from Shlomo Benartzi
After his latest op-ed in The Wall Street Journal, the famed behavioral economist expands on it for 401(k) Specialist to help plan advisors get involved
401(k) Fee Calculator Debuts from Employee Fiduciary
Tool designed to emphasize the negative cumulative impact of high retirement plan fees to participant account balances
Financial Vortex May Threaten U.S. Retirement Savings
Goldman Sachs Asset Management’s Chris Ceder explores causes that strain participants’ ability to save and offers insights on how to get them back on track