Today’s young adults, including the youngest millennials and older Gen Z members, are experiencing a decade of working that’s very different from those of previous generations.
You’ve had many conversations about financial security with business owners, but have you talked about the potentially devastating implications of failing to consider cybersecurity?
Where do people turn for trusted financial advice? How are they feeling about their retirement prospects? Research seems to indicate that a lot of people aren’t seeking financial guidance or feeling very confident about a comfortable retirement.
Target-date funds, or TDFs, can have a powerful influence on plan participants’ retirement savings by helping to simplify investment decision-making. And when TDFs are carefully selected to match with plan participant characteristics and behaviors, they have the potential to help more participants achieve greater retirement security.
"What gets written gets done." You’ve likely heard this popular phrase. Perhaps you’ve even taken it to heart and written down your own health and fitness goals or career objectives.
Many employers promote health and wellness among their workforces. Some even offer fitness classes, provide ergonomic workstations and encourage mental wellness by promoting a good work-life balance.
Understandably, financial professionals and their clients often focus on potential returns and projected income in retirement. In addition to leveraging traditional investments and employer-sponsored plans, clients are encouraged to strategize their timing for claiming Social Security.
A lot of emphasis is placed on calculating Social Security benefits as part of a retirement strategy. And rightly so.
The unemployment rate has remained below 4% for the last year or more, emphasizing the labor shortage that continues to be a pain point for organizations looking to fill open positions.1 Wanting to stand out from the competition, some employers are strengthening their benefits packages to include flexible work environments as well as better salaries and health benefits.
