Retirement Roundup: A digest of timely information and insight about finance, investing, and retirement.
Americans Cite Several Reasons for Not Saving More for Retirement | PlanSponsor
First the good news: For the first time in more than six years of polling, Americans say they feel more comfortable with the savings they have now compared to the year before, according to a Bankrate.com report. The bad news: A Bankrate survey finds they’re not doing a better job at saving. Read more about the top reasons why Americans aren’t saving more money.
Medical Expenses and Debt Among Retirement Concerns | EBRI
The most recent Retirement Confidence Survey (RCS), the longest-running survey of its kind in the nation, finds that the share of American workers who are very confident in their ability to afford a comfortable retirement remains low, and some workers report that preparing for retirement is emotionally or mentally stressful. However, among retirees, confidence in their ability to afford a comfortable retirement continues to be comparably high.
Building a Retirement Budget | U.S. News and World Report
They say every day in retirement is a Saturday. But will your expenses increase or decrease in retirement? Why conventional wisdom about spending in retirement may not be accurate and what to anticipate or perhaps eliminate when creating your retirement budget.
10 Retirement Statistics Every Baby Boomer Should Know | The Motley Fool
Did you know nine out of 10 retirees say they are happy? Find out the other important stats you should know about retirement.
The Rising Retirement Perils of 401(k) ‘Leakage’ | Wall Street Journal
When employees change jobs, they often refund their 401(k) retirement savings instead of rolling them over to their new employer’s plan. Employers are working to discourage employees from using their 401(k) retirement savings for purposes other than retirement.
Nearly Half of Baby Boomers Say They Have No Retirement Savings | PlanSponsor
A survey of 2,500 pre-retirees finds that 46 percent of Baby Boomers say they have no retirement savings—the highest percentage recorded in seven years. Working with a financial planner increases savings and retirement confidence according to the study conducted by the Insured Retirement Institute.
