Consumers Clueless on Key Social Security Benefits: FPA, AARP Survey
One example: Only 9% of consumers say they’re ‘very knowledgeable’ about benefits, but 40% expect those benefits to account for most of their retirement income.
Millennial Parents Want to Save for College but Need Some Good Advice
Young parents are more ambitious than older ones when it comes to saving for their children's college education, Fidelity reports.
Wealthiest Americans May Be Their Own Worst Enemies
Serious disconnects, rising to the level of "incongrous," are exhibited by the UHNW, a study by SEI and Scorpio finds. One reason: They underutilize advisors.
Retirement Confidence Dips; Workers Not Counting on Social Security
In a wide-ranging study from Transamerica, 14% of younger respondents see work as their primary income source in retirement.
How Investors’ Decision Making Varies With Age and Wealth
Research firm Martini studied the online behavior of three segments of the affluent market.
DIY Investors Are Missing Out: Northwestern Mutual
Two-thirds of Americans in a survey lack financial advice, often because they think they can't afford it, Northwestern Mutual says.
Most Americans Lack Basic Social Security Knowledge: MassMutual Survey
MassMutual gave 1,513 Americans a 10-question, true-or-false Social Security quiz. Only one got every answer right.
Closing the Investor-Manager Gap on Hedge Fund Transparency
Hedge fund managers have worked to meet demands for transparency without betraying their proprietary strategies to competitors, but investors say they're falling short.
Many Investors Expecting Double-Digit Returns Prefer Lower-Risk Investments
Individual savers are feeling increasingly confident and want to invest more, but many have an unrealistic view on how their assets will perform, a Schroders survey found.
Retail Investors Still Bullish, for Now
The gap is narrowing between the bulls and the bears, E-Trade Financial’s quarterly tracking study finds.