Research

Americans believe they'll need $1.2 million saved to retire comfortably, yet half expect to have less than $500,000 saved, which is why employers should consider offering more in-plan solutions to help employees transition to retirement, says a new Schroders survey.

Employees may want to retire at age 65, but expect to do so nearly a decade later because of increasing living expenses and a lack of guaranteed income for retirement, say 47% of Americans in a new Equitable survey.

A 65-year-old retiring this year can expect to spend an average of $165,000 in out-of-pocket health care expenses throughout retirement, according to Fidelity's annual Retiree Health Care Cost Estimate.

The younger generations demonstrate that they are getting their savings on track, while Gen X and baby boomers more often report falling behind on savings and struggling to catch up before retirement, says a new report.

The top areas of interest for employer help are "knowing how much to save to meet my goals" (77%), "how to make the most of 401(k)" (76%) and "knowing how much insurance to have" (76%), according to a new report.

Plan participants have incurred substantially lower fees for holding mutual funds over the past two decades, according to new research from the Investment Company Institute.

Many common plan design formulas, including safe harbor designs, disproportionately benefit higher-income employees, which is why thoughtful plan design can improve outcomes, according to a new survey.

Workers are feeling more optimistic about their retirement prospects and more confident they can achieve their retirement goals, according to a new Charles Schwab study.