Financial planning

The Investment Company Institute says that the memory of panacea pension plans is a myth, and today’s investors are not doomed to destitution with their 401(k)s.

Investor optimism has fallen sharply from its year high in May, according to a new poll. A majority currently fear outliving their retirement savings.

A recent survey suggests that millennials are highly motivated to make retirement saving a priority, but they find DC plans overwhelming and complex.

With the cost of a private nursing home room running $90,000 a year, many retirees are considering giving all their money to their children in order to qualify for Medicaid. Aside from being a serious financial risk, it shines a bright light on the lack of awareness of long-term care insurance.

A new tool allows investors to take a glimpse into their age-tattered future, which a recent university study says encourages more savings.

Fidelity Investments reports that 48% of baby boomers anticipate retiring with some kind debt — regardless of whether or not they expect a pension.

In a new study, only 14% of those aged 55 and older say their top financial priority is the accumulation of maximum wealth; far more want to save enough to have peace of mind.

According to a new report, defined contribution plan participants often contribute less and withdraw more than industry expectations, lowering performance.

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More and more, workers aged 53 to 65 perceive traditional ideas of retirement as outdated.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.