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Is It a Man’s World When It Comes to Retirement Readiness for Gen-X?
How Retirement Readiness Varies by Gender and Family Status: A Retirement Savings Shortfall Assessment of Gen Xers
by Jack VanDerhei
Measuring retirement security — or retirement income adequacy — is an extremely important topic. In recent years, there has been an increasing emphasis on the retirement income adequacy of widows and single women.
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LIMRA – The State of the Retirement Market Today
What are the implications for our financial security?
The retirement market is changing and growing. People are preparing differently, and sometimes retiring sooner than they planned. What are the implications to their financial security?
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Part-Time Nation
The “Gig Economy” leaves some working Americans financially vulnerable
In recent years, a greater number of working Americans have left the 9-to-5 career path for the “gig economy,” taking on part-time, contingent, or independent contractor positions. According to the Bureau of Labor Statistics, the proportion of the U.S. workforce employed part-time (i.e., less than 35 hours per week at any one employer) has increased…
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Children of Millionaires Want to Inherit Parents’ Values More Than Their Wealth
Confidence for future wealth is high, but many say they need more financial acumen
More than nine in 10 Generation Z and Millennial children of millionaires say the most important thing they will inherit is their parents’ values, not their wealth, according to a recent survey by Wells Fargo Private Bank. More than four out of five (84 percent) say they want to sustain and build on their family’s…
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2019 Long-Term Care Insurance Price Index Released
While costs increases slightly over 2018, many insurers had no increase
A couple in their mid-50s purchasing new long-term care insurance coverage can expect to pay just over $3,000 for a potential combined benefit of over $770,000 in coverage should they begin needing care at age 85.
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Bitcoin IRA Launches Turnkey White-Label Solution For Financial Advisors And Enterprise Businesses
Designed to specifically cater to financial advisors, registered investment advisors & wealth managers
BitcoinIRA.com, the world's largest and most secure cryptocurrency platform that allows customers to purchase Bitcoins and other cryptocurrencies for their retirement accounts, has launched a turnkey, white-label solution for enterprise businesses to enable them to invest their customers into a Bitcoin IRA.
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Social Security Strategy for Women
Women face unique Social Security challenges... Advisors can help
When you play your cards right with Social Security, you get the most from your benefits. When you don't, you end up with money left on the table. And because women, on average, outlive men and are more likely, as they get older, to be single and dependent on one income, they need to have a…
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A Precarious Existence: How Retirees Are Financially Faring in Retirement
Comprehending the financial vulnerability of retirees
Fewer than half of retirees (46 percent) agree that they have built a large enough retirement nest egg, with only 16 percent "strongly" agreeing and 30 percent "somewhat" agreeing, according to a new survey by nonprofit Transamerica Center for Retirement Studies (TCRS).
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Diversity and Financial Wellness
Prudential study explores financial lives of Americans by race, gender, sexual identity, caregiver status
Bright spots and areas of optimism exist within traditionally underserved groups in the face of income inequality, retirement insecurity and household debt, new data from Prudential Financial, Inc. (NYSE: PRU) reveals.
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Smart Strategies For Required Distributions
Answer 4 key questions to help you manage RMD spending and gifting
You've saved for years to get to retirement and now that you're no longer working, it's time to dip into those savings—even if you don't really need to. Once you reach age 70½, the IRS mandates you to take required minimum distributions, or RMDs, each year from traditional IRAs or employer-sponsored retirement accounts.
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New Year Resolution: Am I saving enough for retirement?
Only half believe they are...
As the New Year approaches consumers are taking time to review multiple aspects of their lives — from weight loss to finances — to see if there is room for improvement. In fact, 4 in 10 Americans make New Year’s resolutions, according to a 2014 Marist poll.
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A Correction Is A Beautiful Thing
For weary investors, think 'cycle' instead of 'year'... and smile more
by Steve Selengut
A correction is a beautiful thing, simply the flip side of a rally, big or small. Theoretically, even technically I'm told, corrections adjust equity prices to their actual value or "support levels". In reality, it's much easier than that.
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Majority of Americans Aim To Strengthen Focus On Financial Well-Being in 2019
More than half say inability to save money is top financial stressor
The National Endowment for Financial Education® (NEFE®) has released results from its annual survey on consumer expectations, finding that almost eight out of 10 (79 percent) of U.S. adults will set a financial New Year’s resolution for 2019.
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