Borrowing Against Your Future


Nearly one-third of the Americans recently surveyed have taken out a loan from their retirement plan savings. Will it come back to haunt them?

TIAA-CREF — which provides retirement services in the academic, research, medical and cultural fields – said that its research partner recently polled 1,000 employed adults who are currently contributing to an employer-sponsored retirement plan.

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Early Retirement Causes Regret for Many

Early Retirement

Many Americans who took early retirement / Social Security benefits in recent years now regret that decision, according to the results of a new survey.

Nationwide Mutual Insurance said it polled 903 adults aged 50 or older who are either already retired, or plan to retire in the next 10 years recently, as part of its Nationwide Financial Retirement Institute consumer survey.

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Financial Literacy: People Who Learn More, Save More

Financial Literacy

People who increase their financial literacy tend to do a better job of saving for retirement, according to a new study.

The National Association for Retirement Plan Participants said it recently studied 5,000 such participants, asking a series of questions testing the participants’ ability to answer basic financial questions. What they found was a strong link between financial literacy and improved retirement savings outcomes.

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