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2021 Summer Reading on Retirement Planning

2021 Summer Reading on Retirement Planning
wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.

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Determining the Success of Financial Wellness Programs


Monitoring improvements in employees’ financial lives effectively gauges the success of employer financial wellness programs.
Reported by
Employers have been increasingly interested in offering financial well-being programs to employees over the years, and the COVID-19 pandemic has accelerated this interest. Nearly half (49%) of plan sponsors added financial well-being tools or services to their benefit offerings last year and 17% plan to add them in 2021, according to Alight’s “Hot Topics in Retirement and Financial Wellbeing 2021” report.
“Employers are saying, ‘We understand finances can contribute to stress,’” says Rob Austin, head of research at Alight Solutions. “A lot of them want to help [employees] get a handle on their finances. Sometimes it’s helping someone with budgeting, emergency savings, etc. It starts with employers saying ‘We’re here for you.’” ....

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Missing Dawson Springs Man Found Dead Along I-69


A Dawson Springs man who had been reported missing Thursday was found deceased along Interstate 69 early Sunday morning.
Trooper Rob Austin with Kentucky State Police Post 2 in Madisonville reports they were contacted by the Hopkins County Sheriff’s Department around 1:00 a.m. that a deceased male was found off of the southbound lanes of travel near the 103-mile marker on I-69.
When KSP arrived on the scene Trooper Austin says they confirmed the deceased male was 29-year old Michael “Andrew” Dowd who was reported missing Thursday.
On Friday, State Police had requested help from the public to locate Dowd who was last seen around 1:00 Thursday morning at a residence on Wells Road in Nortonville. ....

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How to right your retirement savings after coronavirus setbacks


How to right your retirement savings after coronavirus setbacks
Updated Feb 06, 2021;
This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities.
The COVID-19 pandemic and shutdown upended our lives on multiple fronts. While enduring widespread unemployment and the economic downturn, many Americans leaned on their retirement accounts to help make ends meet. If you experienced retirement savings setbacks, consider using these strategies to refill your retirement bucket in 2021 and beyond.
Reassess your situation
“If you had to take a 401(k) loan or withdrawal, empty an IRA out or dig into your Roth, don’t worry, there are ways you can get back on track without it greatly affecting your retirement goals,” says Cameron Burskey, managing director of retirement security at Cornerstone Financial Services in Sout ....

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