Retirement Trends

Baby boomers are retiring at roughly 10,000 per day, and their $30 trillion in retirement assets could be part of an $84 trillion intergenerational wealth transfer over the next two decades.

While few advisors counsel DC plans, they're making progress in converting enrollees into clients.

The ferocious competitors in the RILA market increased sales of those products 24%.

Three-quarters of brand-name drugs increasedin cost and nearly half of these increases exceeded inflation.

An increase at this level "would only exacerbate seniors' financial stress," said Shannon Benton of The Senior Citizens League.

Participants who engage with financial guidance resources contribute 29% more on average and hold roughly twice the account balance of non-users.