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Fidelity: Retirement savers socking away more than ever, despite market lows

PROVIDENCE – Market lows are cutting into retirement account balances but they haven’t stopped savers from socking away more money, according to Fidelity Investments...

Fidelity: Pandemic derails retirement plans for youngest and oldest workers

PROVIDENCE – The pandemic threw a wrench in many young workers’ retirement plans, with more than half of Generation Next workers saying they had...

Ned Johnson, who made Fidelity a fund titan, dies at 91

NEW YORK (AP) – Edward "Ned" Johnson III, a businessman who grew Fidelity Investments into the financial giant it is today, has died. He...

David Byrne to oversee Marsh McLennan Agency Providence, RI office

David Byrne will take on the role of President of the Providence office in addition to his current position as Managing Director of Private...

Fidelity: Market swings cause slight drop in Q3 retirement account balances

PROVIDENCE – After three consecutive quarters of record highs, retirement account balances dipped slightly in the third quarter of 2021, according to a recent...

Survey: Pandemic sped up retirement, succession plans for wealthy business owners

PROVIDENCE – The pandemic sped up retirement or sales plans among high net worth business owners, according to a new study by Clarfeld |...

Fidelity: Record retirement balances continue in Q2

PROVIDENCE – Workers continue to sock away money for retirement at record levels, with account balances reaching a new high for the third consecutive...

Bankrate: R.I. ranks No. 20 best state for retirement

PROVIDENCE – Rhode Island ranked No. 20 among the best states to retire, according to a new report by Bankrate. The consumer finance website’s 2021...

Fidelity: Retirement health care costs hit record high

PROVIDENCE – Health care in retirement is more expensive than ever, according to Fidelity Investments Inc.’s annual Retiree Health Care Cost Estimate published on...
SEMI-RETIREMENT ADVISER: Donna Sowa Allard, vice president of Sowa Financial Group Inc., says many of her clients have prepped for retirement but are unwilling to leave the workforce entirely. / PBN PHOTO/MICHAEL SALERNO

More older workers are unwilling to make hasty exit

Retirement is no longer an endpoint for many employees but a turning point into a new phase of work. Some people continue to work for...

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