Money stress impacts teens, too, Wells Fargo finds
U.S. adults are intensely worried about their finances — and their kids are even worse.
By
Nathan Place
Don’t call it a comeback: IBM pension play a ‘financial maneuver’
After IBM unfroze its pension, some wondered if this was the start of a defined-benefit renaissance. Researchers say that's not what it was about.
By
Nathan Place
Americans share their 5 biggest financial regrets
Employees need to focus on improving their financial wellness after making a few regretful decisions in 2023.
By
Nathan Place
A year after SECURE 2.0, retirement race gap remains stubborn
White Americans still have twice as much retirement wealth as savers of color, research shows.
By
Nathan Place
Social Security COLA falls far short of 2024 prices, study finds
Social Security is getting a 3.2% boost this month — but retirees' expenses have risen by more than triple that rate since last year.
By
Nathan Place
5 ways retirement changed in 2023
The year saw both progress and problems, from glitches in the Inflation Reduction Act to a controversial new rule for advisers.
By
Nathan Place
Millennials are on track for better retirement than boomers, Vanguard study finds
Baby boomers may be wealthier, but millennials have benefited from a number of retirement reforms, new research shows — and they still have more time to save.
By
Nathan Place
Inflation Reduction Act is causing ‘dramatic’ rise in Medicare premiums, experts say
For many seniors, Medicare Part D premiums will rise by 42% to 57% next year, new research shows. And experts say the reason is a law that was meant to reduce health care costs.
By
Nathan Place
Younger baby boomers face deep shortfall in retirement savings
Baby boomers tend to be viewed as one group. But thanks to the Great Recession, younger boomers have had a much harder time saving for retirement.
By
Nathan Place
Rising drug prices dramatically outpace inflation, squeezing retirees
The rapidly rising cost of medicine is leaving inflation in the dust, new research shows. Here's how advisers can help retirees cope.
By
Nathan Place
Student debt thwarts Americans saving for retirement
New research shows just how big an obstacle student debt has become to Americans' nest eggs.
By
Nathan Place
How the FIRE movement keeps burning in a tough economy
Millions of Americans still strive for FIRE — "financial independence, retire early." But to keep the dream alive, they've had to change it.
By
Nathan Place
Employee benefits are changing. Here’s what advisers should know
In today's uneven economy, workers are pressing for better benefits, a new Arizent study shows.
By
Nathan Place
The retirement savings race gap is wide and growing
In recent decades, a stubborn savings gap has persisted between white and Black Americans.
By
Nathan Place
Are automatic rollovers the way of the future?
A 401(k) feature called auto-portability could save Americans trillions of dollars. Why isn't it more common?
By
Nathan Place
Generation 401(k): Why Gen Z workers are saving more for retirement
Auto-enrollment is helping Gen Z Americans save much more actively than the 20-somethings of yesteryear.
By
Nathan Place
How much does it cost to retire? By their own estimates, Americans don’t have it
Most Americans think they'll need more than $1 million to retire, research shows. Their actual savings are nowhere near that.
By
Nathan Place
Almost half of Americans cash out their 401(k)s when changing jobs
More than 41% of U.S. workers drain their retirement savings when they quit or get fired, according to a new study. Why?
By
Nathan Place
The 4 expenses retirees most underestimate, and how advisers can help
From home repairs to transportation, here's what seniors spend more on than they expect.
By
Nathan Place
4 reasons retirement readiness is declining
The average American will only have 78% of the income they'll need in their golden years, according to a new study from Fidelity.
By
Nathan Place