Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

New small business law could have big effect on retirement accounts

A new law aimed at helping stimulate small business job growth through tax deductions could have major consequences for anyone with a retirement savings account at work, a University of Illinois expert on taxation and elder ...

Millennials are not adequately saving for retirement, study finds

According to the U.S. Census, millennials accounted for more than 25 percent of the population in 2015, yet this significant segment of the workforce might not be prepared for retirement. In a new study, researchers from ...

Study: Financial windfalls hasten early retirement

Older workers who get a jolt of cash out of the blue are more likely to cash in on early retirement, according to new research led by two University of Illinois finance professors.

Americans are not financially prepared for old age, study finds

Americans are living longer than past generations, and for many that means working longer, too. While for some this might be a choice, for many it is a financial necessity, according to a new report published Oct. 22 by the ...

Some women's retirement plan: Rely on Prince Charming

Women workers often rely on future spouses to organize their retirement finances, rather than making independent decisions now. Men and women working for private Japanese companies make decisions about their retirement savings ...

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