- Integrated Partners Shares Its Retirement Savings Lengthening Method
The Lifetime Income Model (LIM) is designed to fill the void between a person’s anticipated income and the total amount they will need to live out their lives as they wish
To combat many Americans’ reality that they will ultimately outlive their retirement savings, Integrated Partners has decided to share via a white paper its proprietary model which seeks to offer people an opportunity to preserve their short-term funds while also maximizing their long-term saving’s potential for additional earnings. Integrated’s Lifetime Income Model (LIM) is designed…
read more - Best & Worst States For Older Workers
The number of seniors working is projected to surge to 16 million by 2030
A record 10.6 million Americans 65 and older are currently in the workforce. By 2030, it will surge to 16 million, with workers 75 and older projected to increase by 96.5% and workers 65 and older by 41.9%.
read more - Envisioning What You Want In Retirement & Saving Accordingly
Helping Americans control their savings in order to retire comfortably
Regions Bank on Tuesday announced the results of a new retirement survey that finds many Americans need help getting on track with savings to retire comfortably. The survey was conducted by Regions Next Step, the bank’s free financial education program.
read more - Pandemic Prompted First-Time Legacy Planning Conversations For 44.5 Million Americans
71% believe having a will in place is the most important action to take before someone dies, yet only 49% have one
According to a new study from financial services firm Edward Jones in partnership with Age Wave and Harris Poll, a third of U.S. adults (33%) report that the pandemic triggered conversations with close family members about their end-of-life plans and preferences. For 44.5 million Americans (18%), these were first-time discussions about topics such as finances,…
read more - Two In Five Americans Don’t Have Enough Money Saved For Unexpected Health Care Expenses
As a result of unexpected health care expenses, more than one in 10 adults have skipped receiving care (13%) and paying for medicine (11%)
While most adults age 25+ don't carry any personal medical debt, two in five (38%) could not pay off an unexpected $5,000 out-of-pocket health care expense, according to a new Nationwide Retirement Institute® survey. As a result of unexpected health care expenses, more than one in 10 adults have skipped receiving care (13%) and paying…
read more - Biodiversity And The Benefits For Human Health
Can well-being initiatives lead to better risk assessment?
In our "Biodiversity and the benefits for human health" publication, Swiss Re Institute demonstrates just how beneficial time spent in nature can be for physical and mental well-being. Increasing access and improving green areas in cities and suburbs can reduce health effects caused by air pollution, excessive noise and extreme heat - and should be…
read more - Managed Accounts & TDFs Better Together Than Apart
Managed accounts and target date funds are complements, not substitutes.
For years plan sponsors and consultants have compared the outcomes of managed accounts and target date funds within workplace retirement plans.
read more - The Retirement Readiness Of American Investors
Many investors find themselves in the dark
A recent study conducted by DALBAR, Inc. found an alarming lack of knowledge among some investors related to their retirement savings. The study analyzed over 1,000 investors and examined various factors of their financial plan for retirement.
read more - AmeriHealth Caritas Announces Creation Of Social Determinants Of Life, Inc.
New company to focus on life outcomes, beginning with $29 million investment to leverage
social networks for improved health and mobility out of poverty
AmeriHealth Caritas, a national leader in Medicaid managed care and other solutions for those most in need, announced today the creation of a new company, Social Determinants of Life, Inc. An early pioneer in addressing the health outcomes of people who are challenged by poverty and disability, AmeriHealth Caritas is now pursuing a longer-term focus…
read more - Retirees’ Need for Caregivers Varies Widely
One-in-four will have severe needs that will require intense support
Nothing causes dread in a retiree quite like the prospect of having to go into a nursing home someday or becoming dependent on someone who comes into the house to help with routine daily needs.
read more - Partners In The Funding Our Future Coalition Call For Creation Of Interagency Task Force On Retirement Security
Task force will “look broadly at households’ ability to achieve financial security and save during their working years, as well as their ability to sustain a lifetime of income and maintain their standard of living in retirement
Today, thirty-one members of the Bipartisan Policy Center’s Funding Our Future initiative released a letter urging the Biden-Harris administration to create an inter-agency retirement security task force. The letter expresses the need for a holistic examination of the nation’s retirement readiness, its challenges, and a coordinated policy response.
read more - HSA Distributions & Contributions Declined In 2020, Possibly Linked To The Pandemic
Following the trends in contributions, distributions and investments
In a new study, “Trends in Health Savings Account Balances, Contributions, Distributions, and Investments and the Impact of COVID-19” the Employee Benefit Research Institute (EBRI) finds that between 2019 and 2020, health savings account (HSA) balances modestly increased. However, average annual individual contributions fell, and average annual distributions declined to an all-time low.
read more - The Impact Of A Healthy Lifestyle On Retirement
Establishing health interventions that could allow individuals, employers, and insurers to share in the value of people living longer, healthier, and – ideally – more purpose-filled lives
Lifestyle improvements not only bolster the health and life expectancy prospects of younger adults, but also have a material impact on post-retirement life, according to research conducted by Vitality for the Society of Actuaries (SOA) Research Institute.
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