Many defined contribution (DC) plans remain unconvinced that members are on track for sufficient income in retirement and expect the time frame to reverse this to take decades, according to new research by leading global advisory, broking and solutions company WTW’s (NASDAQ: WTW) Thinking Ahead Institute.| Life & Health Advisor
Almost seven in 10 Americans (69%) are expecting Social Security as a source of retirement income, and 32% expect it will be their primary source of retirement income, according to Social Security Turns 90: The Cornerstone of Retirement Income, a survey-based research report released today by nonprofit Transamerica Center for Retirement Studies® (TCRS) in collaboration with Transamerica Institute®.| Life & Health Advisor
There’s a quiet wave swelling off the American coastline. You won’t hear the thunder of it on the evening news or see it trending on TikTok. But it’s coming. It’s already here. And it has the power to overwhelm our healthcare systems, drain our economic infrastructure, and leave millions of Americans gasping for care.| Life & Health Advisor
Retirement is being quietly replaced by a new rhythm. HSBC’s Quality of Life: Affluent Investor Snapshot report, which surveyed more than 10,000 affluent adults in 12 markets around the world, reveals people are taking multiple intentional pauses from their career, to realign or reinvent themselves in breaks called “multi retirements."| Life & Health Advisor