Research

When dissected by gender, women (59%) comprised significantly more of the "struggling" segment than men (45%), says a new study.

Advisors can help retirees and near-retirees improve awareness of protected income options that can align retirement lifestyle expectations with today's inflationary times, says a new report.

About a third (31%) say their employer's efforts to help with their overall health and well-being has increased in the past year, but fewer than half rate their employer's efforts in these areas as excellent or very good.

Since many higher education institutions can't compete with the desire for employees to work completely remotely, 90% of them said a DC plan is key and half of the colleges and universities have added or increased employer match.

Reducing monthly expenses can extend a retiree's $500,000 savings by more than seven years, according to the financial advisory firm, which examined three sample retirement portfolios.

The retirement age has also risen from 62.6 in 2021 to 64 this year, and employers need to prioritize their employees' financial health by offering tools and resources that make it easier to build wealth, recommends a new report.

Now, experts are saying it should just be a guideline for a retirement plan. Instead, give greater consideration to commission-free retirement annuities, which are built to generate income while also offering predictable income.

The cost-of-living crisis is having a major impact on employees (particularly women, Gen-Xers, boomers, and Hispanics), says new report. Employers need to educate them about mental health and financial wellness benefits.