Retirement Trends

Once a leader in the shift away from defined benefit plans to defined contribution plans in the U.S. in the '80s and '90s, the tech giant is now taking a different approach by switching employees to a Retirement Benefit Account.

Workers are asking for help with calculating how much they need to save for retirement, how to invest in their 401(k)s, and how to create an income stream in retirement, says a new Schwab survey.

The uncertainties over the past few years have clearly affected workplace savers, who are now less sure about when retirement will come, what it will look like and how they should prepare for it, according to a new survey.

A bipartisan bill introduced in the Senate on Wednesday removes barriers that have discouraged companies from offering employer-sponsored retirement plans to Americans under 21 by lowering the participation age to 18.

Once employers realize improving the benefits package can help increase morale and reduce turnover, they see it as money well spent, since it makes hiring away employees much more expensive for a competitor.

Nearly 6 in 10 Gen Z women believe they'll be financially prepared for retirement – a significant higher proportion than women in other generations, according to a recent Northwestern Mutual study.