In Practice

An impressive 72% of Millennials report actively saving for the long term, starting on average at the young age of 22.

However, more education about how they work is needed.

It may not be emotionally easy to do, but clients can notably improve their retirement outlook if they reconsider financial support given to their self-sufficient adult children.

These are becoming their preferred methods of reviewing their retirement plans and communicating with advisers.

More 403(b) plan sponsors are also automatically enrolling participants.

While more than half of Americans across age groups are concerned about paying for health care in retirement, 41% of Baby Boomers say they are "very" concerned, according...

And only 21% are working with a financial adviser

A new TD Ameritrade survey report likens the mindset of Millennial investors to that of workers living in the wake of the Great Depression, nearly a century ago. 

For the first time in seven annual editions of its Plan Sponsor Attitudes Survey, fiduciary responsibility is cited as the top reason 401(k) retirement plan sponsors start using...

According to research by Fidelity, couples retiring in 2016 can expect to pay $260,000 on health care throughout retirement or 6% more than the previous year’s estimate.

While pension plans are far more prevalent among non-profits compared with for-profit employers, they’re still only available to a minority of non-profit staff. 

The industry standard of 3% is finally being challenged

Pensions are not entirely a thing of the past, but few employees in the for-profit private sector have access to a defined benefit plan, relying instead on defined...

They also value a match more than they do a salary increase.

Researchers suggests several strategies for helping DC plan participants generate retirement income and discuss what plan advisers and sponsors should consider to select the right one.

Participants with outstanding loans is also down from a year ago, according to ICI data.

Most advisers feel they are making good progress on addressing the Department of Labor fiduciary rule, according to a Nationwide Retirement Institute survey.

In addition, lower expected returns could double the required savings rate for DC plan participants in order to achieve a 75% income replacement rate in retirement, a white...

A timely survey from Personal Capital suggests people who are registered with the Republican party are a little more likely to maintain a retirement savings account than Democrats—but...

Among all generations, financial advisers are considered the most valuable source of financial advice, according to a study from Principal.