Many target date funds are too aggressive in their exposure to stocks, putting investors at risk for market downturns after retirement, when they can least afford it, warned Putnam Investments executives Tuesday at a retirement panel talk in New York.
Nearly 30 percent of participants in 401(k) retirement plans at Vanguard are in automatic, professionally managed investment programs, according to Vanguard's 2011 How America Saves study.
Advisors looking for retirement facts and practice management tips along with a thorough examination of annuities may want to check out the Insured Retirement Institute’s 10th anniversary edition of the IRI Fact Book, released Thursday.
There are 114 million seniors and baby boomers, and additional millions of young working adults in our country. Only about 8 million of them have long-term care insurance, according to the American Association for Long-Term Care Insurance.
In the 10 years that consumer-driven health plans (CDHPs) have existed they have tended to attract participants who are better educated, healthier, and have higher incomes than people in traditional health plans, according to a new report by the nonpartisan Employee Benefit Research Institute (EBRI).