Behavioral finance helps retirement experts understand that everyone, including participants, sometimes behave irrationally.
More and more studies show that employees just aren’t saving enough for retirement.
Living to be 80 or 90 years old was once considered an anomaly.
The average worker faces growing risks that they will not have the income they need to meet their retirement goals.
Check out our recent marketing campaign that was created to simplify retirement terms and was shared on our social platforms.
For most people, retirement is the opportunity to focus on the things that matter and according to a recent study via Voya’s Online Community, how participants visualize retirement vs. retirement planning differs significantly.
To get a better understanding of how consumers think about retirement and what it means to be retirement ready, several generations participated in a study. A group of millennials, generation Xers and baby boomers were invited to a private, unbiased online forum to discuss their financial priorities, as well as their emotions and triggers behind each.