Displaying 92 results
Lincoln will provide guaranteed income in new PEP
The product, called OpenPEP, has customized investment options that can be used as the default.
Almost half of retirees won’t have enough income by 2090
A report from the Urban Institute found Social Security cuts, tax increases, longer working years and higher savings levels are needed to keep retirees from funding crises in the coming years.
TIAA participants waiting longer to retire
Required minimum distributions are becoming the de facto default distribution choice for retirees, TIAA data show.
Social Security trust fund to be depleted 1 year sooner than expected
The 2021 Trustees Report shows the trust funds will run dry in 2034 as a result of the economic fallout from the pandemic.
Serial spouse has several Social Security claiming options
The woman, who's twice divorced and widowed, can select the biggest of the benefits available.
‘Guaranteed income’ preferred over ‘annuities’
The insurance industry recognizes that the word 'annuity' is not always received well. But that's only part of what hampers the products, according to two recent reports.
The parallel paths of ETFs and annuities
The questions that RIAs have about commission-free annuities right now are the very same questions they had just 15 years ago about exchange-traded funds, which are now a core part of client portfolios.
Market risk, longevity still worry plan participants
About 40% of retirement plan participants say they're unsure how to make their money last, an American Century study finds.
Annuity sales surge 39% in second quarter
Variable annuity sales jump 55% to $32.8 billion in Q2, marking the highest quarterly sales in that category in nearly six years, according to the Secure Retirement Institute.
Rush to munis could boost Medicare premiums
The income calculation for Medicare and Social Security includes tax-exempt interest on municipal bonds.
Allianz Life enters DC business with guaranteed income product
Former Voya, Nuveen exec Mike De Feo will head the company’s new business line.
Rescuing baby boomers’ retirements
Given their limited savings, current low interest rates and the ongoing rise in prices and out-of-pocket health care costs, most boomers need a financial lifeline.
Covid raises awareness, concerns about Social Security
71% of American adults worry that the program will run out of money during their lifetime and 19% say the pandemic has affected their plans to file for Social Security benefits, according to a Nationwide survey.
More than half of Americans say they are in financial recovery mode
Northwestern Mutual survey finds most respondents' financial planning is focused on the short term, with only 14% actively planning more than five years out.
Latest blow to 60/40 model is exodus of mom and pop investors
Savers are ditching the formula that's anchored retirement plans for more than half a century, after already low interest rates hit rock bottom during the pandemic.
Decumulation in an evolving interest-rate environment
Current low interest rates add to the stress of establishing a retirement strategy because the 'cost' of generating retirement income from a portfolio of stocks and bonds is now higher.
Black and Hispanic Americans still least prepared for retirement
While the annual Retirement Confidence survey shows Americans in 2021 had near-record-high confidence in having enough money for retirement, the survey also includes an analysis of the challenges Black and Hispanic Americans face in saving and preparing for retirement.
3 Social Security do-over options
Here are strategies that can be helpful for clients who have regrets over the timing of their Social Security claiming decision, whether they claimed early rather than holding out for a bigger check or waited longer than necessary.
Blanchett leaves Morningstar to head retirement research at QMA
His role will involve positioning Prudential’s investment arm for the retirement income challenge.
Surge in early retirements exposes inequalities among baby boomers
Older Black workers without a college degree are more likely to be forced to exit the labor market prematurely, a study shows.
