A new report from Nationwide shows 62% of women are putting off retirement or don’t believe they will ever retire due to inflation, compared to 47% of men.
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Half of near-retirees are relying on self-education to understand Social Security and Medicare, while 53% plan to use an advisor to maximize retirement income sources.
The combination of rising prices and a falling stock market have worsened the retirement crisis, with 37% of retirees surveyed saying they have no savings at all.
The asset manager will make a minority investment in Human Interest, as well as leading a financing round to support the next phase of the company’s growth.
But the two groups are almost evenly split on the outlook for inflation in the coming year, according to a study by Ubiquity.
One-third of investors say shifting their money was done 'to simplify my finances,' according to a Hearts & Wallets survey, while 26% want 'to get more involved myself.'
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A report by Wade Pfau and Steve Parrish concludes that retirees might not be willing to invest aggressively enough to ensure that claiming early and investing the proceeds generates high enough returns.
Vestwell will provide a small business component for Carson Group’s Complete 401(k) offering that will allow advisors to better scale their small-and-midsize business retirement plan practices.