Retirement Trends

Only slightly more than one-third of the wealthiest Americans actually consider themselves wealthy.

Although 56% of plan sponsors believe employees are prepared to manage finances without a paycheck in retirement, only 42% of participants feel the same.

Record-breaking third-quarter results push annual annuity sales to historic highs as investors seek stability and guaranteed income, according to LIMRA.

According to the lawsuit, the Labor Department issued the advisory opinion after Morgan Stanley launched an extensive campaign with its law firm.

The study compared changes in the Consumer Price Index (CPI) across 23 major metropolitan statistical areas (MSAs) to provide a snapshot of short- and long-term inflation trends.

Although studies show that many members of this generation risk outliving their financial resources, retirement could become even more challenging as members of Generation X approach age 65.