Retirement savings

/Tag: Retirement savings

Health Care Costs Affecting Retirement Savings and Financial Wellness

Workers’ dissatisfaction with health insurance is focused primarily on cost: Just 22% are extremely or very satisfied with the cost of their health insurance plan, and only 21% are satisfied with the costs of health care services not covered by insurance, according to the EBRI/Greenwald & Associates Health and Workplace Benefits Survey. Approximately one-half of

Think Income Inequality Is Bad? Retirement Inequality May Be Worse.

For years, salon owner Luke Huffstutter, of Portland, Ore., wanted to offer his employees a way to save for retirement. Costs  were too steep for the small company, though, and few employees took the initiative to set up 401(k) plans on their own. But last summer, Oregon launched a retirement savings program that automatically enrolls

More Employees Turning to ESPPs to Acquire Company Stock

While employees continue to invest in their company’s stock, more are choosing to invest through an Employee Stock Purchase Plan (ESPP) instead of buying company stock through their 401(k), according to a recent analysis. Fidelity Investments found that the percentage of employees with company stock in their 401(k) has dropped by almost half, from 41% in 2005

Older Workers Not Saving Enough for a Secure Retirement

One-third of working Americans between the ages of 55 and 65 have no retirement savings, and they are at risk of declining living standards and even poverty within the next decade, according to a study published by the Schwartz Center for Economic Policy Analysis. The outlook for workers saving in defined contribution plans, defined benefit

Retirement savings: The world is sitting on a $400 trillion financial time bomb

Financial disaster is looming, and not because of the stock market or subprime loans. The coming crisis is more insidious, structural, and almost certain to blow up eventually. The World Economic Forum (WEF) predicts that by 2050 the world will face a $400 trillion shortfall (pdf) in retirement savings. (Yes, that’s trillion, with a “T”.)

2017-06-03T04:41:44+00:00Tags: |