A notable 38% of current U.S. pre-retirees younger than 54…say their goal is to retire by age 55, according to Hearts & Wallets, a research and benchmarking firm.
NEWREPORT: Wants & Pricing
Delivering on Customer Wants, Unpacking Pricing and Rating the Top Performer Firm
This report covers customer satisfaction ratings on all things important -- what they want from the financial firms and they do business with, their understanding of the fees they pay for products and services, and which Top Performer firms set the competitive bar. Specifically, we look at the top performing and most improved firms across five service dimensions and three pricing measurements, firm rankings on competence & creditability, reliability, tangibles, access & communication and understanding & empathy; which customer wants are most important now and what has changed from previous years; and investor understanding of how and what they pay, how a firm makes money and the impact on trust.
REPORT: Retirement & Funding
Ideas for Enhancing Advice as Income Sources Evolve and Target Dates Move Younger
The past year has many investors rethinking their plans. This report explores changes in target retirement ages; aspirations and reality for income replacement rates and the importance of advice; anticipated sources of retirement income for those approaching retirement compared to actual sources for those already retired; and a profile of the "Aspire to Retire by 55" group.
"We can get good, thoughtful answers from you quickly without having to do any additional research, and you cover all the topics we’re interested in."
"It’s kind of amazing you’ve already analyzed all the things we’re thinking about."
"Hearts & Wallets brings an understanding of the consumer mindset to the forefront of business decisions, and give us a heads up on emerging trends."
In the News
Workers want to retire at 55, but are they positioned to successfully do so?
The research firm Hearts & Wallets found that 28% of people 65 and older with at least $100,000 in savings withdrew less than 1% from their accounts....
In a Hearts & Wallets study, gig workers reported more difficulty with nearly all financial tasks....
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It's great if people under 55 get "fired up" about saving and investing earlier....