Retirement

Advisers are more committed than ever to helping clients with their retirement income planning, but they face a host of challenges, including not knowing where to go to build their knowledge of retirement planning.

Even with women making great strides in workplace parity and achieving greater financial independence, they continue to lag behind men in many key areas of financial planning.

I turned 55 on July 2. As a member of the Baby Boom generation who hopes he’s aging like a fine wine and not turning into vinegar, I abhor the idea of losing money again in a 2008-style meltdown.

Individuals planning for retirement are increasing their diversification and turning to professional managers for help, according to a study by Vanguard.

Congress has approved a pension stabilization provision that is expected to give employers a more historically accurate and less volatile method of achieving full funding, but defined benefit plan sponsors also face an additional $9 billion in PBGC premiums.

This summer, thousands of employees will be improving their financial knowledge and pitting their know-how against others in the first Employee Benefit News Financial Fitness Challenge.

At least once a year plan sponsors and/or other plan fiduciaries should take a critical look at their investment fund lineups. Eight items that are normally considered in a review include:

How are breakthrough innovations created? What is the process and can it be replicated or facilitated? These are the fundamental questions tackled by Frans Johansson in his seminal book, "The Medici Effect."

As new retirement fee disclosures go into effect this summer, a coalition of 15 retirement industry groups are urging the Department of Labor to allow broader use of electronic communication for retirement plan participant disclosures, which are now mailed in paper form to plan participants.

Over the last 20 years, the percentages of households that will not be ready for retirement at age 65 has nearly doubled to 50%, according to recent data from the National Retirement Risk Index.