Tag: Baby Boomers

Plan sponsors may need to bolster participant education for how target-date funds work, according to data from MFS.

Despite savings rates decreasing slightly, 75% of study respondents are not planning to reduce retirement contributions.

A New Capital Group survey examines the role of language and imagery in communicating with participants. 

Goldman Sachs Asset Management finds a ‘financial vortex’ of challenges in competing financial priorities is preventing participants from saving sufficiently...

Millennials would cash out their retirement plan assets in a market downturn, research shows.

Millennials lead Generation X and Baby Boomers in believing that they won’t receive any benefits from Social Security upon retirement. 

Gen Z is deferring an average of 14% of each paycheck for retirement savings, besting earlier generations.   

Gen Z women surpass the men in accumulated retirement savings with higher account balances on average, says a new report.

Investors put heavier weight on retirement income protection than financial professionals.

Educators who work with an adviser are nearly twice as receptive to learning about managing finances from social media as...

Meeting the workplace benefit needs of today’s multigenerational workforce requires plan sponsors to get creative.

Investors with $5 million of investable assets have envisioned a new retirement roadmap. 

Many employees ages 55 to 74 aren’t part of the Great Resignation—they got fired.

Employees in a survey from Empower Retirement say they believe their views are created by personal experiences and characteristics, not...

Michael Barry, president of O3 Plan Advisory Services LLC, discusses repercussions of the COVID-19 pandemic that will affect retirement for...

Because people are living longer, healthier lives, the Wells Fargo Investment Institute has suggested different ways that Millennials, Generation X...

However, among all age groups, the most frequently cited retirement fear is outliving savings.

Both groups have saved or are on track to save $700,000 or less; however, Boomers think that is adequate savings,...

By comparison, the majority of mutual fund investing for Baby Boomers is outside of an employer-sponsored retirement plan, Investment Company...

However, 82% of Millennials say their financial planning needs improvement.