retirement savings
Many baby boomers unready for retirementPosted by RJ and Makay on Sep 07, 2011 |
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Few baby boomers are on schedule for financial security in their retirement, and are largely unprepared to leave their jobs in coming years, according to a new survey report by the Insured Retirement Institute. The report showed that only 54% of survey recipients have attempted to calculate a financial goal for retirement, 45% have met with a financial planner, and 43% consider themselves knowledgeable about investing.
Saving for health care costs and saving for retirement do not have to be mutually exclusive decisions, according to a recent Fidelity Investments study. The study found that employees who invest in employer-sponsored Health Savings Account programs (HSA’s) tend to be bigger savers in their 401(k) retirement savings programs.
Many Americans continue to need assistance to envision their financial dreams, according to a new Harris Interactive study for the Principal Financial Group (The Principal). Despite resilience after the financial crisis, only one in 10 financial professionals said their clients are able to easily visualize their financial dreams.
