How employees feel about retirement amid inflation and recession concerns
The majority of employees feel confident about their retirement savings, though are fearful of cuts to Social Security.
Social Security benefits
Social Security COLA set to fall again as seniors feel the pinch
As inflation cools, Social Security's annual cost-of-living adjustment is projected to decline in 2026. Seniors say the benefit bump won't be enough.
5 steps to help retirees affected by new Social Security clawbacks
The sharp reversal of Biden-era policy that capped overpayment recovery at 10% of a person's monthly benefit is expected to recover $7 billion over 10 years.
Helping clients understand the importance of disability insurance
In a panel discussion, three financial advisers explained why the products are often misunderstood and how to assist clients in evaluating their policies.
Why Gen X is the least prepared for retirement
While retirement readiness among Americans has improved in general, Gen Xers are struggling with housing, college and medical costs, a survey finds.
Why retiring at 65 could become a thing of the past
“By and large, many simply have not yet saved enough to retire comfortably.”
When retirement expectations meet reality
Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.
Multiyear tax planning may help stretch retirement savings
Clients should think of the years as empty buckets and keep the amount of income into each bucket level per year.
Retiring early with kids may be harder than employees think
Chances are high that one or both parents who have left the workforce ahead of their full retirement age are still working out of necessity.
How much do employees need to retire?
Workers need to have saved a certain amount at a certain age to stay on track for securing their retirement.
Working longer may not be the solution to the retirement crisis
Age discrimination, unpredictable life shocks and involuntary retirement casts serious doubt on the “work longer” thesis.
Millennials are the new face of the retirement crisis
These employees will need bigger savings than other age groups to fund a longer retirement horizon, according to a study.
Steps to help millennials lay a financial foundation
Before saving for retirement, young employees are advised to pay down high-interest debts and build an emergency fund, an expert says.
Retirees are facing a bigger risk than market volatility
Employees have to increase their risk exposure to ensure they don’t outlive their savings.
Strategies for employees buying a retirement dream home
The property should allow them to live close to their loved ones and fit their financial plan, according to a CFP.
These Social Security myths could harm employees’ retirement accounts
Careful planning can help prevent workers from shrinking their benefits based on misperceptions.
Do married women face greater retirement risks?
Dual-income couples benefit less from Social Security.
Nearly half of baby boomers make this pricey mistake
As much as 46% believe Medicare will cover the costs of long-term care.
Social Security: Bright spots and trouble on the horizon
Asset reserves are projected to become depleted in 2035, a year later than previously estimated.
One reason lawmakers are hesitant to fix Social Security: Millennials
A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.
