RetireReady Solutions Blog

Welcome to the TRAK Retirement Planning Blog.

Do Retirement Decumulation Assumptions Match the Data?

May 08, 2018 by Edward Dressel -

The key purpose retirement planning and savings is to ensure a source of retirement income adequate to meet the needs of the individual throughout their lifetime. There are many studies looking at the accumulation period such as how much the average person saves, average account balances and retirement plan participation rates.  There are fewer...

Many Employees Making Early Withdrawals from Retirement Accounts

September 25, 2017 by Edward Dressel -

In 2017, nearly one third of employees withdrew funds from a retirement account for expenses other than retirement. That is the data presented by PwC in their 2017 Employee Financial Wellness Survey. If this survey is representative of the general population then this should be cause for concern.

IRA Savings Trends and the Need for Advisors

May 22, 2017 by Edward Dressel -

Individual Retirement Accounts (IRA) make up a quarter of all retirement assets. What do we know about these accounts and the behaviors of IRA account holders? Where can advisors offer important guidance to account owners? Fortunately, new studies can help answer these questions!

What Young Americans Wish They’d Learned in School

March 13, 2017 by Edward Dressel -

American financial literacy is worse than I anticipated. A recent survey conducted by FINRA asked survey participants five questions related to everyday financial and economic topics. The survey found that 63% of respondents answered three or fewer questions correctly.

   

With a long history of working with corporate accounts of all sizes RetireReady Solutions will draw on our experience to help your advisors increase their sales through client education.

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