retirement

Jan. 1, 2025, marks the first possible birthdate for Generation Beta. It’s also a unique opportunity for financial advisors to guide new parents through comprehensive long-term planning, especially as Prudential Financial’s latest research shows that 58% of current and future parents...

Recent surveys from Nationwide and Fidelity Investments reveal the financial regrets and resolutions that Americans are taking with them into 2025. The data points to significant gaps in financial planning that should reshape how financial advisors approach client relationships in 2025,...

Maximizing savings is at the top of the financial to-do list for most people nearing retirement. For those ages 60-63, the IRS has introduced a "super catch-up" under the SECURE 2.0 Act of 2022, allowing you to maximize retirement savings even further starting in 2025.  Don't Miss: Can you...

New research from Allianz Life reveals significant concerns among Americans about retirement income planning. Nearly half of investors worry about how to take distributions from their retirement plans, while 44% admit they have no retirement income plan at all. These concerns are particularly...

Rebuilding your home after a natural disaster can be daunting and expensive. For retirees, the urgency to restore comfort and safety often means considering multiple funding options, which may include tapping into retirement accounts like 401(k)s or IRAs. While accessing these funds can provide...

Being financially secure and having enough money to stop worrying about work is a common aspiration, especially for those aiming for a comfortable and successful retirement. A recent Benzinga poll could highlight how much money people have to have to consider themselves rich. "How much money would...

New research by David Blanchett, managing director at PGIM DC Solutions, reveals significant disparities between the retirement planning services financial advisors believe they’re providing and what clients actually report receiving. This gap highlights areas where advisors need to improve...

Microsoft co-founder Bill Gates may not be involved in the day-to-day operations of the technology giant, but he continues to work on numerous projects and fight off retirement. What Happened: In a recent interview, Gates credits the strong work ethic of Berkshire Hathaway CEO and friend Warren...

With the current state of inflation, market volatility, and economic uncertainty, one may ask – is now the time to shift to lower-risk investments? While riskier investments aimed at high growth have been ideal for accumulating savings, retirees may often benefit from a different approach—one...

Bitcoin (CRYPTO: BTC) has been aggressively marketed by its proponents as a tool for building personal wealth in the long term. Their argument has been bolstered by the top cryptocurrency’s meteoric rise over the last decade, during which it has outperformed mainstream financial assets such...

Investors have many options when it comes to investing for retirement. Among the available strategies are to invest in index funds, mutual funds, ETFs or choose individual stocks. Benzinga recently asked which of the Magnificent 7 stocks was the best option for retirement. What Happened: The...

A new Schroders survey reveals a paradox among pre-retirees: while half are concerned about outliving their assets, 43% plan to claim Social Security before age 67, the full retirement age for those born in 1960 or later. Only 10% of survey respondents plan to wait until 70 to maximize their...

Note: This is part three of a three-part series that takes a look at planning for retirement during the “fragile decade” — the five years before you retire plus the first five years of your retirement. Part one is In Retirement Planning, Consider the Entire Journey. Part two is...

The Saver’s Match, created by the SECURE 2.0 Act of 2022, is poised to transform retirement savings for low-income workers, and could bring a whole new audience to financial advisors. Set to launch in 2027, this program will convert the existing Saver’s Credit into a federal government...

Economic sentiment has improved among workers even as the labor market sends mixed signals. What Happened: According to a Charles Schwab study, anxiety surrounding inflation and market volatility have, to a small extent, subsided in the past year. Of the 1,000 U.S. 401(k) plan participants...