Retirement readiness

Employees who put money in their workplace 401(k) plans for 15 years straight are seeing significant gains, according to new Fidelity research.

Workers’ savings hasn’t been a No. 1 priority for the President-elect, but he has vowed not to cut Social Security.

Although the president-elect has not shared many details, advisers and other stakeholders see the ACA playing a big role early on.

Workers’ savings hasn’t been a No. 1 priority for the President-elect, but he has vowed not to cut Social Security.

Companies need to look at the entire scope of their workers’ monetary priorities before they can offer guidance, advisers say.

The average 401(k) balance gained for the second quarter in a row, inching up 2%, to $90,600. That amount is a 7% jump from 2015's third quarter and up from an average of $64,300 five years ago.

Employers need to talk to their financial adviser to learn whether his fiduciary relationship will be changing.

These factors have turned retirement into the ultimate obstacle course and it’s up to advisers to help clients navigate it successfully, says MDRT’s Curtis Cloke.

People often sit down to figure out how much they will need in retirement and assume they'll spend 40 years in the workforce. That's an outmoded assumption, TIAA's Diane Garnic says.

Modest-sized firms now have access to plans that once were only offered to larger enterprises.