1+ week, 4+ day ago   (999+ words) For many retirement plan advisers, micro plans have long posed a difficult question: Are plans with just a handful of participants worth the time, effort and resources required to serve them? Nate Moody, a partner in and senior adviser at…...

1+ mon, 3+ week ago   (442+ words) Seventy-five percent of surveyed adults said they would prioritize financially helping a loved one, even at the risk of delaying their own retirement. According to the Nationwide Financial Growth & Protection Index, 70% of surveyed consumers believe they could significantly improve their…...

2+ mon, 4+ day ago   (196+ words) Fewer financial worries and increased longevity were among the benefits reported by Chilean retirees surveyed about guaranteed income. “When people have that income that they know is going to last a lifetime, they tend to spend more,” Finke says. “It…...

2+ mon, 1+ week ago   (163+ words) Prudential’s David Blanchett argued that retirees’ decreased spending is mostly due to choice, rather than financial hardship. Previous research has found that retirees often underspend their resources, but a study published last month in the Financial Planning Review, “How Spending…...

2+ mon, 3+ week ago   (570+ words) planadviser Guaranteed income can be a key element to reducing asset depletion in retirement, according to a report by the nonprofit Employee Benefit Research Institute. Using data from the RAND Corp.’s Health and Retirement Study, stretching from 1992 through 2022, including…...