First rule: There must be at least a decade between 'I do' and 'I don’t.'
The Labor Department's advice rule is likely to lead to controversy over whether a recommendation to roll funds from a 401(k) to an IRA constitutes advice.
The rational, eat-your-vegetables approach to retirement peace of mind only goes so far. Advisors must become more adept at helping clients to prepare emotionally.
Some clients have unrealistic expectations about retiring early while others are overly pessimistic, advisors say.
A plaintiff alleges that ESG led to lower returns, but the case brought against American Airlines' defined-contribution plan might be more political than substantive.
An Allianz Life study highlights the pain Americans are suffering from tighter monetary policy, as well as their fears of a major recession.
There are many ways for clients to make sound investment decisions with their tax refunds, but it's important to understand their entire financial picture before giving advice.
More than 83% of human resource leaders worry employees’ financial issues could impact their productivity, while 66% of employees agree financial stress is negatively affecting their work and personal life.
A new study ranks the Sunshine State as the second-most popular state for Americans thinking about relocating. But it also tops the list of states residents are seeking to leave.
Keeping retirees in the plan helps both participants and sponsors save on costs, but many 401(k)s are lacking income options.
Ownership, management and use of the holiday home: That’s the trifecta estate planners and financial advisors need to reckon with if they want to keep the peace.
As wealthier clients approach retirement, advisors must focus on income strategies, Hearts & Wallets says.
Mike Lynch of Hartford Funds talks about the factors that can cause a retiree to return to the workforce.
House conservatives recently recommended raising the retirement age to receive full benefits to 69, a proposal that put the spotlight back on the thorny problem of the program's solvency.
The company is adding to its support for groups of plans and rolling out new programs for multiple employer plans and pooled employer plans.
The majority of pre-retirees highlighted inflation as the greatest challenge to their retirement plans over the coming 12 months, followed by an economic recession, market volatility and taxes.
The Armonk, New York-based retirement plan consulting firm has $3.8 billion in assets under advisement.
On average, American adults have saved $89,300 for retirement, up 3% from 2022, Northwestern Mutual’s 2023 Planning & Progress Study shows.
The long-outdated accredited investor rule has become a symbolic roadblock between retail investors and institutional-quality investments.
For the first time in nearly a decade, anticipated health care costs for retirees were unchanged from the previous year's estimate.
