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A new survey from Voya Investment Management finds that 87% of the companies sponsoring pension plans, 401(k) plans or similar retirement offerings feel the workers participating in those plans ...
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Exploring expenditures reveals more about retirees’ financial health. Data from the Bureau of Labor Statistics indicates that in 2022, Americans aged 65 and older spent an average of $57,818 ...
US$11.3 billion (2020) Number of employees. 7,200 (2022) Website. voya .com. Footnotes / references. [1] Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent ...
You Must Pay Off Your Mortgage Beforehand. Since it’s a debt, many boomers think they need to pay off their mortgage before retiring, but that’s not necessarily the case. “If most of your ...
First off, if you have a 401(k), consider upping your contributions; if possible, try to take advantage of your full employer match. Remember, even a small amount can add up over time.
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