As the Average Retirement Age Continues to Rise, Will Passive Income be the Solution?
Average retirement age 65 for men and 63 for women, based on Center for Retirement Research at Boston College. Up from 63 and 60 respectively in 2001.
Average retirement age 65 for men and 63 for women, based on Center for Retirement Research at Boston College. Up from 63 and 60 respectively in 2001.
Wealth managers growing appetite for private markets among retirement plan participants signals important potential shift in portfolio construction.
Millions of Americans saving for retirement in 401(k) accounts could put money in higher-risk private equity and crypto investments.
Many workers are scaling back retirement contributions as inflation and recession fears increase.
Empower announced a new program that will pave the way for private market investments to be included within defined contribution retirement plans.
Initial Social Security claims are on the rise as anxiety swirls about personal finances and the future of the program.
Total assets in money-market funds declined modestly over past week but remain near all-time highs underscoring the investor preference for liquidity.