Financial planning

The number of pre-retirees who feel very prepared to exit the workforce is dropping, according to a new study, and those counting on working later may be in for the rude awakening of a lifetime.

“Investors are concerned about rising health care costs, and they should be,” says one expert with T. Rowe Price, noting that medical expenses topped a list of surveyed respondents’ recent concerns.

Two-thirds of middle-income Americans are saving less than 5% of their annual income for retirement, with nearly a quarter saving nothing at all, according to research from LIMRA.

New research from Mintel shows ‘it may be too late for older women’ to save enough to retire comfortably.

The IRS is streamlining loan procedures for 401(k) plan participants to help victims of last month’s Hurricane Sandy.

More and more, workers aged 53 to 65 perceive traditional ideas of retirement as outdated. A new report says 55% plan to keep working full-time as long as their health permits.

A new survey shows that a majority of baby boomers are more likely to adjust their lifestyle than to save more for emergencies.

Retirees can expect to pay a greater share of health care costs out of pocket, benefits industry report states.

Young adults have unrealistic expectations about their retirement funding needs, according to experts with Pentegra, and many aren’t sure when they’ll be able retire, if at all.

Starting next year, PPACA will lead to a 3.8% surtax on many people’s investment income, but there are ways around it.

Seventy-two percent of those polled recently by T. Rowe Price say that saving for retirement is their top financial goal, but are our mouths and our money in the same place?

Those buying homes as an investment now represent 18% of sales as many are disappointed with bank savings and wary of the stock market.

Football season has reached its halfway point, but Legg Mason has a savings plan ready to kickoff financial security.

In the past year, almost 30% of baby boomers stopped contributing to a retirement plan, according to new data, and 22% have no retirement savings at all.

New Limra survey indicates that more than a quarter of workers 55 or older aren’t saving anything at all for retirement.

TIAA-CREF data show a dearth of plan participants who feel they are getting adequate, sound financial advice; even fewer regularly act on it.

River City Bank takes top honors in the 2012 EBN-EBA Financial Fitness Challenge, in which participating employees from over a dozen organizations logged 10,000 hours of financial education.

Long-term care and outliving their money are major concerns for today’s seniors, according to a recent survey, but PPACA and the upcoming election has particularly elevated their concern over the primary source of their health care coverage.

Boosted premiums revenue and reducing costs have allowed two of the three largest U.S. health insurers to beat analysts’ expectations for 2012 profits.

Inflation and taxation are the biggest concerns for baby boomers who see retirement drifting from 65 to 75, a new analysis shows.