Retirement Trends

Ultimately, more were affected by the weather forecast than the weather itself. Dire predictions are also common about the retirement prospects for Americans.

Columbia Business School Professor Christopher Mayer says hes so convinced that reverse mortgages can be a cornerstone of responsible retirement planning that hes gone into the business.

Large institutional investors, including pension funds, have their sights for 2014 set on alternative investments, such as real estate and real assets, according to a survey by BlackRock.

ING and NBCUniversal team up to promote an initiative to encourage people to discuss their personal financial issues.

Traditionally, employees have signed up for their employers 401(k) retirement plan with a paper form or an extensive online process, but the new method allows individuals to sign up with a simple text message or through a mobile-friendly website.

Despite their confidence - the survey found that although investors traditionally invest more aggressively as their optimism increases - 49 percent are currently investing more conservatively than they did five years ago.