Retirement Hot Topics

What portion of their annual income do individuals need in retirement to maintain their standard of living? It’s a crucial metric. But until now, the industry could only offer rule-of-thumb guidance on how much income replacement was needed in retirement. Retirement Strategist Alexandra Nobile explains how new research from J.P. Morgan Asset Management can help advisors customize retirement planning for their clients.

With pensions largely a thing of the past, the role of defined contribution (DC) plans has shifted from supplemental savings vehicles to the primary funding source for retirement income for the over 4 million Baby Boomers exiting the workforce each year. However, the products and solutions offered within DC plans have struggled to keep pace with this new reality. Daniel Yem, Head of Retirement Income, discusses the changes taking place.

The Social Security Fairness Act became law in early January 2025. With its passage, the monthly retirement benefits of an estimated 3.2 million workers may increase, some payments by a sizeable amount. Sharon Carson, our Retirement Strategist, answers frequently asked questions about how this rule change may affect some of your clients.

Every fall, the Social Security Administration announces cost-of-living adjustments (COLA) that will determine beneficiaries’ monthly payments for the following year. These annual adjustments, based on inflation data in the Consumer Price Index, have long been the practice. However, many beneficiaries don’t fully understand the bottom-line impact to their monthly benefits check—especially if Medicare premiums are automatically deducted from their benefit amount. Sharon Carson, our Retirement Strategist, provides answers to clients’ frequently asked questions.

Retirement income has become a hot topic across the industry and more than half of plan sponsors say providing retirement income support is a key purpose of their plan.*To better understand the type of support plan participants want from their employers, we went straight to the source and asked participants to tell us.

The rules and regulations governing Medicare coverage can be difficult to understand. As a result, people often—and inadvertently—make costly mistakes when they reach age 65 and become eligible for federal health insurance but choose to delay or entirely skip enrolling in the program.