Boomers will need to work extra two years
New research from Hewitt Associates found a typical 55-year-old worker who saves 10 percent of his or her income in a 401(k) will need to...
New study breaks down specifics on severity of retirement income loss
By now we all know the obvious. With 401(k)s decreasing 18 percent on average in 2008, boomers will need to take more aggressive steps to...
Employers refocus retirement benefits to save money
Employers are refocusing employee retirement benefits, turning to more cost-saving strategies. A new survey by Hewitt Associates shows employers are looking to automatic rebalancing and...
December legislation is not enough for pre-retirees according to HR consulting firm
While the Worker, Retiree and Employer Recovery Act (WRERA) enacted in December was a step toward better predictability of pension funding obligations on a long-term...
Retirement Planning News & Products
A recent analysis by Hewitt Associates of 2.7 million U.S. workers found that the average 401(k) plan balance has dropped 14% in 2008 to $68,000,...
Obama's Retirement Agenda
Since the time is drawing nigh that the Obama Administration will be officially christened, it's important to refresh our memories about how the new Administration...
Workers invest less in 401(k), study shows
The average 401(k) is down 14 percent this year, according to Hewitt Associates, which released a study that found workers are increasingly cautious about investing...
Stock Fund Redemptions at Modest Level
Despite October redemption activity being high in the first two weeks of the month.
Retirement News & Products
Women continue to be less prepared for retirement than men, according to a new study by Hewitt Associates, the HR consulting and research firm. Not...
More boomer retirement options
The International Herald Tribune reports on a study released Wednesday by Hewitt Associates that found 61 percent of U.S. companies have or will develop programs...