Retirement planning

Roth IRA conversions surged last year, particularly in the fourth quarter as investors looked to take advantage of regulatory changes.Bank of America reported that it executed more than 56,000 conversions for its clients last year, nearly 45,000 more than the total number of conversions in 2009.

The first wave of affluent Baby Boomers, those between the ages of 55 and 64 with investable assets of at least $100,000, have 12% less saved than they did four years ago, a survey of 4,000 people by Cogent Research found.

Leading too fast with solutions can lose you a female prospect, warns Empyrion Wealth Management’s Kimberly Foss.

Men and women have distinct approaches to financial management, according to a new survey from Charles Schwab.

Financial Research Corp. has hired Matthew J. Schott as vice president, retirement income practice leader.

The financial crisis has brought personal finance front and center in the mind of many Americans, with 70% saying taking control of their finances is a top priority and nearly as many believing they can accomplish this.

The economic crisis has brought personal finance front and center, for Americans as well as others throughout the world, the ING Retirement Institute Research Institute found.

Fidelity announced Monday that the lifetime income variable annuity that it offers through MetLife, the MetLife Growth and Guaranteed Income annuity, has attracted more than $1 billion in sales since it was first offered a year ago.

Older Americans are worried about numerous factors affecting their financial security and, thus, are very skeptical of financial planners who say they are building portfolios for them to mitigate risk, research by Hearts & Wallets found through nine focus groups across the country.

There are two proposed pieces of legislation sitting in Congress that would seem to be no-brainers for helping people save for retirement and helping advisors help their clients.

Investors (and advisors) need to read the fine print when it comes to one of the most popular retirement vehicle.

If the stock market and your clients’ declining 401(k) balances are making them feel like they’ll never be able to fully retire or become financially stable, they’re not alone.

Baby boomers are happy about everything – except for retirement, according to a new TD Waterhouse poll.

With expectations so low, plan sponsors are looking for assistance from retirement plan service providers.

As 401(k) balances rebounded in 2010, the executives running defined contribution plans named retirement readiness one of their top priorities, according to the “10th Annual 401(k) Benchmarking Survey,” conducted by Deloitte and the International Society of Certified Employee Benefit Specialists (ISCEBS).

Retirement plan providers will be able to sue more people and have a legal leg to stand on.

Retirees who started saving in their 30s have an average net worth of $1.1 million, while people who started saving in their 40s are worth an average $868,000, a Consumer Reports survey finds.

The $1 million figure that is frequently cited as the silver bullet needed to enjoy a comfortable retirement is actually attainable, Consumer Reports found in a recent survey of 24,270 online subscribers age 55 and up.

Forty percent of the 14.8% of plans that suspended or reduced their matches already have restored them, the Profit Sharing/401(k) Council of America finds.

Workers around the world expect to retire at 61, a survey of 31,359 people by AXA Equitable found. In the U.S., people expect to retire at age 63.