Retirement Trends

Clients in this age range are making major life changes while trying to save and invest for the future.

"Two in five workers are either deprioritizing retirement or unable to save at all," said Jessica Espinoza, national practice leader, retirement advisory, at NFP.

When asked about their top three priorities for the coming year, plan sponsors reported a near equal focus on financial wellness for participants (39%), followed closely by ensuring regulatory compliance (37%) and reducing costs (36%) in their plan.

Low costs for both renters and mortgage-paying homeowners make them economical spots for retirees to call home.

Women, older near-retirees, and younger retirees reporting the steepest drops in financial confidence.

According to the complaint, from 2016 to 2024, IBM’s target-retirement and target-risk funds underperformed comparable funds by as much as 20% to 30%, depending on the particular vintage.