30% entered into
early retirement due to
29% expect their top concern during
retirement to be health/medical issues
70% think Social Security will provide
their income in retirement
Thomas Perez says legal challenges to
fiduciary rule stand little chance of success
In a press conference, Labor secretary Thomas perez said, “if we get
sued, we’ll be ready for it,” further implying the new finalized fiduciary rule
is here to stay.
The resolution of disapproval was passed by the House on nearly a party-line
vote where only one republican voted against it, and no Democrats voted for it.
If the senate does pass the resolution of disapproval, president obama will
most likely veto it.
Source: Nick ThorNToN, BeNefi TSPro.com
Feelings on retirement vary by generation
DIfferent generatIons Have DIfferent assumptIons on how retirement
will look for them. franklin templeton Investments released its annual national survey comparing
millennial and baby boomer thoughts on retirement. Here’s what it found:
35% expect to have a
better retirement than previous
generations, but 57% haven’t
32% expect their top retirement concern
during retirement to be running out of money
69% think their 401(k) will provide their
income in retirement
Source: fraNkliN TemPle ToN iNVeSTmeNTS.
www.fraNkliNTemPle ToN.com/iNVeSTor/ProDuc TS/goalS/re TiremeNT/reSearch/