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Recent studies underscore the importance of Social Security as the bedrock of a secure retirement, but pre-retirees are having doubts about the program. ....
Northwestern Mutual’s 2023 Planning & Progress Study shows how much money Americans believe they need to retire. It’s the $64,000 question weighing on most American workers: How big a nest egg do I need to live the good life in retirement? Hint: $1 million sounds like a lot, but it’s not going to cut it. In fact, Americans believe they’ll need $1.27 million socked away, up from $1.25 million a year ago, according to findings from Northwestern Mutual’s 2023 Planning & Progress Study. Here’s how m ....
You could fill a library with all the books, articles and studies devoted to saving for retirement and maximizing Social Security benefits, but you might not be able to fill a single shelf with those. ....
Both plan sponsors and participants want options that generate and manage income in retirement. How can retirement plans best add these capabilities? ....