The amount of seven-figure retirement accounts at Fidelity Investments surged in the fourth quarter of 2023.
Fewer than 1% answered all 13 true-or-false statements correctly on an online quiz by MassMutual.
The two economists agree on one point: Technology is reducing the need for people in the workforce.
Many wished they had focused more on savings, traveling and spending time with family.
The new certification is meant to get members thinking about clients' 401(k) income.
The Senior Citizen League's Mary Johnson has been a reliable source of annual COLA increase projections.
The intellectual case for getting rid of tax-advantaged retirement plans is strong, and the political case is catching up.
With high-quality bonds yielding about 5%, locking in today's interest rates makes sense to many advisors.
Wintrust Retirement Benefits Advisors serves more than 200 retirement plan sponsors.
The agency "has overstepped its authority," Education Committee Chair Bob Good argued.
This remarkable solution to enhance retirement security is found in the most unlikely of places: life insurance.
Employees in defined-contribution plans are uneasy about their ability to retire comfortably, a company survey found.
Prematurely dipping into retirement accounts without penalty is possible, but it should be a last resort, they say.
Annuit sales reached a record high of $385 billion last year.
The number of retirees has surged in recent months, reaching a post-pandemic record in December.
With people living in retirement longer, the value of working with a financial professional is even greater.
But at the same time, they feel less financially secure and uneasy about retirement.
Most people are probably thinking about retirement all wrong, and they're probably better off than they think.
Advisors were also once reluctant to adopt managed accounts, too. But they got over it.
Advisors can help those about to rock into retirement overcome common mistakes.