7 Common Myths that Can Ruin Your Retirement
Article quotes head of advice James Nichols on the topic of inflation and its impact on costs over a 20-year retirement. “You don’t notice inflation year-over-year, but it will build up over a 20-year retirement”.
The 3 Biggest Money Worries of First-Time Parents
First-time parents often worry about finances with a baby on the way. Here’s help with three common questions from a Voya Retirement Coach.
Voya CEO Rod Martin on Q1 2015 Earnings
Shortly after Voya Financial released first-quarter 2015 financial results, Chairman and CEO Rod Martin spoke on CNBC to discuss Voya’s strong first quarter and the company’s progress on its long-term plans. He also discusses MyOrangeMoney™ as well as Voya’s recent two-year anniversary of its IPO and completion of its journey to an independent company.
How Millennials Are Hampering Housing Prices By Living At Home
Voya Retirement Coach quoted in article on Millennials still living at home with their parents. The Coach notes that “The trade-off for many Millennials living at home is giving up some of their independence today for greater financial freedom tomorrow”.
Allergic to Plastic: One-Third of Millennials Still Do Not Own Credit Cards
Voya Retirement Coach quoted in article on Millennials who have never had their own credit card.
Voya Eyes Hybrid Offering Amid Record Growth
Article profiles Voya Financial Advisors, noting recruiting as well as plans to launch a hybrid RIA model. The piece also notes the technology platform capabilities as being a draw for financial advisors.
Voya Financial Welcomes Charles Nelson as New CEO of Retirement
Rodney Martin, chairman and CEO of Voya Financial, is quoted expressing his excitement to have someone with Charles Nelson’s experience and reputation to lead our Retirement business. Article also gives an overview of Nelson’s new role and responsibilities.
Retirement Sneaks Up On Americans, Even Tech-Savvy Millennials
Article cites Voya Retire Ready Index and quotes head of advice James Nichols. “These findings reinforce how many people are simply not taking the required action, and that a number of behavioral obstacles exist which prevent proper planning and saving. These include inertia, anxiety, competing financial priorities and the fact that many view retirement as a distant concern.”
3 Ways to Clean Up Your Finances This Spring
Article picked up byYahoo!Finance by broker-dealer president Tom Halloran on spring cleaning your finances. Halloran cites that the Voya Retire Ready Index study and shares three steps to create a plan and set people on a path to retirement readiness.
How Medical Expenses Could Derail Your Retirement
Head of advice James Nichols is quoted in an article, picked up by MSN, on preparing for medical expenses in retirement on the tax efficiency of HSAs.
Millennials: Find Your Path to Retirement
Voya Retirement Coach shares planning steps for Millennials and myOrangeMoney online tool. Only 37% of Millennials have used a web-based financial or retirement calculator according to the Voya Retire Ready Index.
Voya Financial Announces New Head of Retirement Division
Article announces Charles Nelson is joining Voya as the new CEO of Retirement. It gives a quick overview of Nelson’s background and he is quoted on his eagerness to start.
5 Frightening Retirement Statistics That Demonstrate Baby Boomers Are in Serious Trouble
Article focused on Baby Boomers and retirement statistics including the Voya Retire Ready Index study
Boomers Retirement Confidence Falls To Five Year Low
myOrangeMoney is noted and retirement president Rich Linton is quoted on the need to translate retirement savings into income in retirement.
Retiring well? Not most baby boomers
In article that was picked up by Yahoo!Finance, NBC and MSN, Voya Retire Ready Index is featured. “Part of investors' problem with retirement savings is that they generally have insufficient financial knowledge to manage that challenge. A survey by Voya Financial found that workers scored an average of 4.1 out of 10 on their retirement knowledge, planning and saving, and retirees scored an average of 5.5.”
3 Common Money Mistakes to Avoid in Retirement
Voya Retirement Coach blog posting, picked up by Yahoo!Finance, on three common money mistakes to avoid in retirement. With many fearful of running out of money in retirement, post cites Voya Retire Ready Index results that 59 percent of workers surveyed were extremely or very worried about outliving their savings.
Why Carrying That Huge Credit Card Balance Isn't Helping Your Credit
Voya Retirement Coach quoted on the impact of credit card debt on long-term financial goals and retirement readiness.
How to Make That Nest Egg Last All The Way Through Retirement
Article features Voya Retire Ready Index and quotes head of advice James Nichols. 59% working Americans are very or extremely concerned about outliving their retirement savings. Nichols notes that “For today’s workers, it is a different reality than for retirees and previous generations… Saving early and planning with the help of a financial professional can mean a difference of years of additional time in retirement.”
Ready to Retire?
Video segment with Jill Schlesinger discussing Voya Retire Ready Index and how people should prepare for retirement.