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
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.
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.
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.”
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.”
20 Questions to Ask Before Hiring a Financial Advisor
Broker-dealer president Tom Halloran is quoted in article, offering insight on question #17 to ask before hiring a financial profession: “Are you listening or pitching?”. Halloran points out that individuals should “make sure the advisor listens to you and your needs and doesn’t talk or product-pitch at you."
How much do you need to save for retirement?
Article on how much Americans need to save for retirement featuring the Voya Retire Ready Index study
Ready to Retire?
Video segment with Jill Schlesinger discussing Voya Retire Ready Index and how people should prepare for retirement.
5 Last-Minute Tax Savers for Procrastinators
Voya Retirement Coach offers advice to maximize last-minute tax-savings, including saving for retirement. “For most taxpayers, saving for retirement is one of the most efficient ways to lower your taxes while also building a nest egg.”
In Retirement Planning, Knowledge Doesn’t Always Lead to Action
Voya Retire Ready Index scores for having, knowing and planning are explored, as well as opportunity to improve planning scores.
Andre Robinson Assumes New Role at Voya
Andre Robinson’s new role at Voya Financial Advisors will drive continued expansion of advisory business, with the retirement of Karl Lindberg after 24 years with the broker-dealer. Advisory business grew to $9.92 billion in 2014, an increase of 25% from the previous year.
Annuities Are Part Of The Retirement Readiness Playbook
Ideas on the “retirement readiness playbook” based on the Voya Retire Ready Index