Retirement Income / Annuities

  • How Are Investors Reacting To Today’s Market Conditions?
    How Are Investors Reacting To Today’s Market Conditions?

    Investors are putting less in the stock market to pay for everyday essentials

    Despite wanting to invest, today’s market conditions have more than three-quarters (77%) of investors concerned about fluctuations in the market and two-thirds (66%) say they are nervous about their money, according to a new study by Wells Fargo & Company.
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  • Prioritizing Sustainability When Planning For Retirement
    Prioritizing Sustainability When Planning For Retirement

    Voya supports DOL’s final ruling on ESG investing in retirement plans

    Voya Financial, Inc. (NYSE: VOYA), is pleased to recognize the Department of Labor’s (DOL) final rulemaking on “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.”
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  • Despite Continued Volatility, Retirement Fundamentals Remain Sound
    Despite Continued Volatility, Retirement Fundamentals Remain Sound

    401(k) savings rates stay strong despite growing financial concerns by participants

    Not surprisingly, ongoing market swings and concerns about inflation continue to cause financial stress among retirement savers. In fact, according to recent Fidelity Investments® research[1], the percentage of individuals with negative feelings about their finances (32%) is now greater than those who have positive feelings (30%), which is a stark contrast to just a year…
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  • Resilient Retirement Savers Shifting Focus To Short-Term Needs
    Resilient Retirement Savers Shifting Focus To Short-Term Needs

    Inflationary pressure and sharp market declines are taking a toll on retirement savers as they are forced to prioritize short-term financial challenges over longer-term goals

    Rising prices and inflation are certainly affecting American workers but despite the economic environment, Americans remain resilient -- and more than 63 percent of Americans are confident they are financially on track for retirement.
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  • Retirement Readiness: An Increasingly Difficult Goal To Achieve
    Retirement Readiness: An Increasingly Difficult Goal To Achieve

    Financial concerns, like persistent inflation and future healthcare expenses, are impacting people's level of retirement preparedness

    Only 40% of Americans have ‘very much’ or ‘somewhat’ been able to achieve the retirement planning goals they have set for themselves, according to a new Retirement Readiness Survey* by diversified financial services leader Thrivent.
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  • Third Quarter 2022 Annuities Industry Results
    Third Quarter 2022 Annuities Industry Results

    Bank channel drives record annuity sales in third quarter 2022

    For the second consecutive quarter, bank sales propelled fixed-rate deferred (FRD) and fixed-indexed annuity (FIA) sales to reach record levels. FRD sales in banks jumped 243% in the third quarter and bank FIA sales leapt 61%.
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  • Amid The War For Talent, Don’t Forget The Retirement Plan
    Amid The War For Talent, Don’t Forget The Retirement Plan

    A workplace retirement plan is just as important for employee retention as a competitive salary and flexible work arrangements

    Voya Financial, Inc. (NYSE: VOYA), is releasing new findings from a consumer research survey revealing that, while the broad scope of workplace benefits and savings offerings for employees continues to evolve, the employer-sponsored retirement plan remains a critical component to attracting and retaining talent.
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  • Understanding The Importance Of Long Term Care Planning
    Understanding The Importance Of Long Term Care Planning

    Do consumers really understand long-term care insurance?

    November is National Long-Term Care (LTC) Awareness Month, a national conversation on long-term planning in the event that individuals need support with everyday living. Long-term care involves services, both medical and non-medical, provided to people who cannot perform basic activities of daily living such as dressing or bathing.
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  • Women Ready To Double Down In The Face Of A Possible Recession
    Women Ready To Double Down In The Face Of A Possible Recession

    Two-thirds of women see a recession ahead, but plan to double-down on retirement savings

    New research released today from HerMoney and the Alliance for Lifetime Income reveals that over two-thirds (68 percent) of women see a U.S. recession ahead. However, in these uncertain times—when just two percent say they doubt or don't believe a recession is imminent—women are doubling down to secure their financial futures.
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  • How Is Inflation Affecting American’s Financial Strategies?
    How Is Inflation Affecting American’s Financial Strategies?

    Americans adjust debt management and investment strategies as inflation continues to pose challenges

    As inflation continues to pose challenges for American adults’ financial strategies, New York Life’s latest Wealth Watch survey has found that people are coping by adjusting debt management and investment strategies, although the financial guidance informing these strategy adjustments varies by generational cohort.
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  • New Perspectives On Caregiving Support
    New Perspectives On Caregiving Support

    Finding yourself unexpectedly as a primary caregiver for a loved one can be overwhelming

    “My life changed in an instant,” said Rosemarie Rossetti during Guardian Life’s webinar, The Inaccessibility of Accessibility: Helping family caregivers find the resources they need.
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  • Consumers Are Underprepared For A Long-Term Care Event
    Consumers Are Underprepared For A Long-Term Care Event

    Consumers need the help of the financial services industry to better understand long-term care

    The pandemic brought consumer awareness about the need for life insurance, but it didn’t have the same impact on long-term care planning, according to new research from a 2022 OneAmerica consumer study on long-term care.
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  • S&P Losses And It’s Effect On Retirees’ IRA Values
    S&P Losses And It’s Effect On Retirees’ IRA Values

    Despite recent S&P losses of nearly 25%, Federal Government still requires retirement withdraws

    The S&P is down almost 25% by September of 2022, some indices are down over 30%. Even so, most retirees 72+ years of age are still forced to take required minimum distributions (RMDs) from their retirement accounts. Without stopgap legislation to halt that rule, Federal law demands those withdrawals proceed regardless of retirees' concerns about…
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