Research

And employers are having to rethink the way they handle their retirement strategy for workers.

Not that they're necessarily selfish -- many affluent parents expect their kids to be as, or more, wealthy than they are themselves.

Future retirees will be living longer lives, with an increased chance of cognitive problems, on the shaky savings of their 401(k) plans.

Transamerica surveyed over 2,000 retirees, and while many are satisfied in retirement, some data reveals potential policy pitfalls.

Advisors are 'hunkering down, waiting to see how the markets respond to the coming year,' says ALPS Advisors CEO about survey.

Participation in the state-sponsored retirement plan is growing, adding nearly 2,000 active participants per month during 2018.