For people without a college degree, earnings even fell in later years, according to the Bureau of Labor Statistics.
The problem is that too few U.S. adults are displaying longevity literacy, according to researchers.
This advisor tells clients not to get too hung up on a savings objective and to take a broader look at their retirements.
Researchers found a significant performance gap, mainly because of poor performance by non-U.S. equities.
A new analysis shows the cuts Americans could see to Social Security benefits in 2033.
The Roth remains one of the best ways to keep the taxman at bay but the mathematics might surprise advisors.
Late boomers' retirement assets Are 14.5% lower compared with earlier retirees, according to Boston College researchers.
An Edward Jones survey found that advisors don't see clients appreciating the risks they may face in retirement.
Here are some facts to have in your pocket when discussing clients' retirement income plans.
Uncertainty surrounding the provision has industry lobbying groups pleading with the IRS for a delay.
The 60/40 model is still viable, but it's not a "one-size-fits-all" solution, strategist Todd Schlanger said.
If confirmed, Martin O'Malley would oversee one of the U.S.'s largest social programs.
The changes could provide clients with significant savings, advisors say.
The sharp rise in interest rates since March 2022 has created a surge in clients looking to deploy their cash.
For the 41% of parents who have adult children living with them, the financial hit is real.
Wealthy individuals need to take advantage of the savings potential offered by HSAs, advisors say.
In a volatile market, there are new ways retirees will want to seek income after they leave work.
Some near-retirees should ditch the savings plan and drop serious cash on their dreams.
Sponsors are increasingly making advisors available to plan participants, the company said in new report.
Longer lifespans require advisors to be more innovative when planning for retirement income, the company says in a new report.