Only 22% of those surveyed are confident in their ability to generate a retirement income strategy if left to their own devices, with the majority worried they'll run out of money in retirement.
Almost half of high-net-worth individuals are so worried about retirement security that they avoid thinking about it all together.
The firm reported net revenue of $11.98 billion and net earnings of $3.07 billion for the third quarter amid discussion of the bank's reorganization.
Here are a few celebrities who announced their retirements, then subsequently announced they were reversing that decision.
Customer satisfaction drops soon after life insurance and annuities are purchased according to a new survey.
Nick Getaz from Franklin Templeton sits down with InvestmentNews anchor Gregg Greenberg to explain why dividend growth stocks should be the bedrock of an equity portfolio because of their quality and resilience during difficult markets.
Christian Correa from Franklin Mutual Series sits down with InvestmentNews anchor Gregg Greenberg to explain why value should continue to outperform growth heading into 2023, especially in Europe and Asia where fear is creating buying opportunities.
A mere 7% of retirees stopped working because their savings were sufficient to fund their retirement, according to the report.
Just 34% of adult Americans have an estate plan and 37% of respondents said they didn't have a plan at the ready.
62% of workers have cut their contributions to their savings in response to the economic impacts related to inflation or concerns about a recession.
