retirement

PIMCO’s 2024 Defined Contribution (DC) Consulting Study has uncovered a significant trend: nearly 90% of institutional clients are demanding retirement income solutions for their participants. This marks a 21% increase from 2023, highlighting the growing importance of post-retirement...

As retirement approaches, many people look for a location that offers comfort, affordability, a vibrant community and access to amenities that enhance their quality of life. Whether it's a coastal town with serene beaches, a bustling city with cultural attractions or a quiet countryside retreat,...

The mass retirement of the boomer generation has been anticipated as one of the most impactful economic events of the 21st century. Economists are still trying to understand the consequences of the wealthiest generation in human history going into retirement by the millions each year. Expectations...

In an interview with Yahoo Finance on Friday, Robinhood Markets, Inc.’s (NASDAQ:HOOD) CEO Vlad Tenev spilled the beans on its retirement offerings, which target users of every age, including the ever-elusive Gen Z. The CEO underscored how Robinhood’s offerings are a magnet for novice...

The stock market breathed a sigh of relief as Fed Chair Jerome Powell eased fears of interest rate hikes amid recent inflation surprises. The Fed now plans to hold rates steady longer to ensure inflation moves toward the central bank’s 2% target. In April, the labor market displayed some...

As a business owner, much of your wealth may be tied up in your business. This creates a unique scenario when transitioning to retirement. Consider these 6 steps to help: 1. Goal setting Understand your objectives by starting with a thorough understanding of the your personal, financial, and...

One of the biggest problems people have when it comes to money is figuring out what to do with it and when. Should you save up an emergency fund or pay off your debt first? Should you max out your 401(k) or invest more into your taxable brokerage account? Is it better to pay off your home...

In his influential annual letter, BlackRock Inc. (NYSE:BLK) CEO Larry Fink emphasized the urgency of addressing the “retirement crisis” looming over the global population. With medical advancements extending life expectancy, Fink argued, the strategies for retirement savings and...

By Lance Roberts It is long past the time that we face the fact that “Social Security” is facing a retirement crisis. In June 2022, we touched on this issue, discussing the stark realities confronting Social Security. “The program’s payouts have exceeded revenue...

Personal finance expert Dave Ramsey challenges the conventional view of retirement in America, sparking discussions on life and financial planning. What Happened: On Tuesday, Ramsey, a voice of authority in personal finance, took to X, formerly Twitter, to express his concerns about the current...

For many workers around the world, the dream may be to earn enough to retire early. One early retiree shared their story of lasting only five months before heading back into the workforce. What Happened: Allison Esposito Medina sold her company Tech Ladies in 2021, which came after a decade working...

In the world of personal finance, we are constantly bombarded with messages about the “one thing” that could significantly improve our financial lives. Whether it be a particular kind of investment, a novel mindset, or the latest money-saving technique, there’s no shortage of...

By Lance Roberts As the financial markets grind higher, retirement savers have consciously decided to add more to equity risk. Such was the result of a recent Bloomberg survey. “Retirement savers want more stocks in their portfolios as a hedge against inflation, potentially offering...

Last week on Twitter/X, there was a big debate around whether it was possible to retire with $10 million. It all started when Twitter user Zay Capital (@cap_zay) tweeted: “You can’t retire on $10m usd” dinner party convo time When I first saw that this tweet was getting...

In a hypothetical scenario, consider a couple with a $300,000 individual retirement account (IRA) and rental properties generating $3,000 monthly income. They aim to retire at 65. This situation prompts an important question: What does the average American need to retire, and how does this couple...