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PLANADVISER
planadviser.com > allianz-life-americans-struggle-with-shift-from-saving-to-spending-in-retirement

Allianz Life: Americans Struggle With Shift From Saving to Spending in Retirement

1+ hour, 36+ min ago   (366+ words) A new study reveals that drawdown gives both employees and retirees pause. At the end of their careers, many Americans struggle with the idea of spending their hard-earned savings, according to data from the Allianz Life Insurance Co. of North…...

PLANADVISER
planadviser.com > public-sector-workers-largely-retirement-ready-but-gaps-persist

Public Sector Workers Largely Retirement Ready, but Gaps Persist

4+ week, 2+ hour ago   (460+ words) Voya reported that 89% of surveyed government workers feel ready to retire. Public sector employees have long been associated with higher levels of retirement preparedness than their private sector peers, because they have immediate access to a pension. However, Voya Financial…...

PLANADVISER
planadviser.com > most-savers-lack-clear-plan-for-retirement-spending-per-corebridge

Most Savers Lack Clear Plan for Retirement Spending, per Corebridge

1+ mon, 1+ week ago   (429+ words) Pre-retirees will need to save six-figure sums to make up for gaps caused by cut Social Security benefits. As Social Security faces insolvency as early as 2032, according to the most recent reports, most retirement savers share reluctance and lack planning…...

PLANADVISER
planadviser.com > young-americans-open-about-money-generous-with-donations

Young Americans: Open About Money, Generous With Donations

1+ mon, 2+ week ago   (321+ words) Recent reports revealed that Generation Z savers budget openly with friends and that Millennials are giving more to charity. Roughly half of Gen Z respondents cited the high cost of living as a top barrier to financial success, with about…...

PLANADVISER
planadviser.com > protecting-senior-investors-from-scams-becomes-priority

Protecting Senior Investors from Scams Becomes Priority

2+ mon, 1+ week ago   (1045+ words) FINRA panelists said identifying vulnerable clients and navigating complex family dynamics are key to preventing fraud. From online romance schemes to fraud committed by trusted acquaintances, senior investors are increasingly falling victim to financial exploitation. At a Wednesday panel at…...