Ted Godbout

While Super Savers are concerned with inflationary impacts and a potential recession, most remain bullish they can withstand the short-term impacts — and actually plan to save more.   The annual Super Savers study from the Principal Financial Group found that nearly 6 in 10 (59%) survey respondents... READ MORE

In what may come as no surprise, retirement plan participants who invest through self-directed brokerage accounts (SDBAs) saw significant losses, on average, in the second quarter.  According to Charles Schwab’s SDBA Indicators Report, the average account balance across all SDBA participant... READ MORE

New research by the Principal Financial Group finds that many workers lack awareness of what’s in their retirement accounts — but at the same time, many don’t feel comfortable making their own investment decisions and are looking for help.  According to the research, roughly a third of U.S.... READ MORE

Small and mid-sized U.S. businesses acknowledge concerns about inflation and the possibility of a recession, but they also want to avoid taking any action that would negatively impact employees, a new survey finds.  Even as recessionary pressures rise and inflation persists, the latest Principal... READ MORE

With many workers unable to cover the cost of an emergency, a new survey finds that most would support legislation allowing them to tap into a small portion of the retirement savings account​ to cover the cost.  AIG Life and Retirement’s survey of more than 1,200 American workers explored how:... READ MORE

The volatile economic environment is contributing to a grim outlook among parents, according to the results of a new flash poll that focuses on families’ financial viewpoints.     Just half of U.S. parents feel confident they will be able to save enough for retirement or their children’s education... READ MORE

The pandemic has affected older Americans’ work and financial situations to a large extent, but a new issue brief finds that the retirement expectations of these respondents appear to remain the same despite these impacts.  In investigating the influence of the pandemic on participants’ working... READ MORE

New polling by Gallup finds that American workers are retiring at later ages than those in the past three decades.  In 1991, U.S. retirees, on average, reported that they retired at age 57, but now the average reported retirement age is up to 61. Meanwhile, non-retirees’ target retirement age has... READ MORE

Even though average account balances have decreased, given the stock market’s decline in the second quarter, there was also good news to be found in Fidelity’s Q2 2022 Retirement Analysis.  The analysis, which is based on the savings behaviors and account balances for more than 35 million IRA, 401... READ MORE