Retirement planning

Even before the events surrounding the U.S. debt ceiling deal and downgrade, affluent investors’ concerns about how long their retirement assets will last was rising, according to a new Bank of America Merrill Lynch survey conducted in June.

Rather than focus on the traditional notion of saving for retirement, asset management firms serving affluent investors with a minimum of $100,000 to invest and who are between the ages of 40 and 60 should understand that most of these people never intend to leave the workforce, according to Hearts & Wallets.

There's no doubt the baby boom retirement wave has created a tremendous opportunity for financial advisors. But those with less noble goals also see an opportunity, and they're putting financial advisors squarely in the crosshairs.

The state of Arizona this week signed a five-year contract extension with Nationwide Retirement Solutions to provide deferred compensation plans for more than 26,000 plan participants.

Despite arguments that retirees should be exposed to equities in order to bring enough growth in their portfolios to last throughout their retirement, Morningstar’s president of the investment management division, Peng Chen, argues in a new article that retirement portfolios must include a conservative bent that includes longevity-insurance products.

Despite arguments that retirees should be exposed to equities in order to bring enough growth in their portfolios to last throughout their retirement, Morningstar’s president of the investment management division, Peng Chen, argues in a new article that retirement portfolios must include a conservative bent that includes longevity-insurance products.

Fifty-five percent of men focus on planning their financial health at least once a week, compared to 42% of women, a survey by Genworth found. Nonetheless, more women than men believe financial well being is critical to maintaining a balanced life.

A Fidelity Investments survey released on Thursday found that a majority of Americans do not understand how their pensions work.

For many employees faced with the prospect of having to save for rising healthcare costs and for retirement, it's important to understand that it doesn't necessarily have to be an either/or decision.

Sixty-seven percent of America’s middle-income Baby Boomers expect that their retirement experience will be drastically different from their parents’, a survey by the Bankers Life and Casualty Company Center for a Secure Retirement found.

Sixty-seven percent of America’s middle-income Baby Boomers expect that their retirement experience will be drastically different from their parents’, a survey by the Bankers Life and Casualty Company Center for a Secure Retirement found.

Americans are showing resilience in the aftermath of the financial crisis, but their advisors report that they are not doing a good enough job of saving or living within their means, Principal Financial found in a survey of 632 advisors. Only 10% of the advisors surveyed said their clients are able to easily visualize their financial dreams.

Americans are showing resilience in the aftermath of the financial crisis, but their advisers report that they are not doing a good enough job of saving or living within their means, Principal Financial found in a survey of 632 advisers. Only 10% of the advisers surveyed said their clients are able to easily visualize their financial dreams.

When financial advisors are working with clients to figure out their retirement strategy, they need to factor in inflation into the mix. But the question is, how does one decide what inflation is likely to be years into the future when there are so many different ways to measure it even in the present?

Americans' retirement expectations have changed dramatically in recent years. A vast majority now plan to live more frugally and delay retirement, SunAmerica Financial Group and Age Wave found in a survey of 1,001 people age 55 and older. Nonetheless, the majority are still confident they will be able to eventually retire.

Employers are feeling confident about their financial futures and that means more new hires, fewer layoffs, and an increase in retirement benefits and reinstatements of certain benefits, according to the 12th Annual Transamerica Retirement Survey released on Tuesday.

Besides the standard questions about income, assets, debt, etc, what kind of questions do you ask to get to the core of your client's hopes and dreams? Do you ask them what scares them about retirement?

The incorporation of guaranteed minimum withdrawal benefits (GMWBs) into defined contribution plans may reduce the level of assets required for plan participants to achieve the same level of retirement income, according to Prudential Retirement.

A survey of more than a 1,000 Americans 55 and older found that three out of five still remain hopeful about the future and almost two-thirds say they would ideally like to remain productive and include some work in retirement.

With all the talk about Americans not saving enough for retirement, New York Life Insurance Company announced on Monday a new type of deferred income annuity that allows individuals to create a “personal pension” to ensure retirement income.