Changes have some considering switching states – but be warned that that takes careful planning
The rational case for focusing not on the wealth divide, but on our ability to provide decent opportunities and minimum security for all.
Five-year rally restores $14 trillion to U.S. equity values, helping push participation rate of working Americans to 40-year lows.
The best way to help financial advisers understand the often-complex Social Security rules is to pose real-life client situations — typical of the questions I receive every day. And that's what I did at this year's Retirement Income Summit.
Advisers must explain the foolhardiness of dipping into retirement savings early — especially when a penalty is attached.
Retirement expert Mary Beth Franklin details the importance of adjusting client investment portfolios to cover the costs of long-term care.
The Department of Labor, headed by Thomas Perez, aims to assist plan sponsors understand costs after 2012 regulations pushed for more disclosure. The solution? A fee road map. Skeptics warn the map could be as complicated as the disclosure.
With inflation running at about 2.75% a year, you will need about $5 million to buy as much in 2074 as you can buy now with $1 million.
Investors are using the funds, which have exploded in popularity, as a side dish instead of an entree. As a result, they are exposed to too much risk, or too little.
<i>Breakfast with Benjamin:</i> Some big names, including Nouriel Roubini, are warning about a bubble in corporate bonds. Plus: Jeffrey Gundlach knows where the bond market bear is, insider trading on fantasy, should you drop health care coverage, cities not enjoying a housing recovery and about that West Antarctic glacier.
Founder of Garrett Planning Network says investors with low net worth can be served in a market where all advisers must act in their best interests.
Government pushing for greater use of annuities.
Wells Fargo report says few men or women are contributing recommended 10% to their 401(k).
Given the wide range of senior housing options now available, it's important to understand and prepare financially for the inevitable decision that each of your clients will have to make for themselves or a loved one: where should I live as I age? Working in collaboration with The Center for Innovative Care in Aging at the Johns Hopkins University School of Nursing, we focused on the most common housing options available for older adults and their families and some of the considerations that may guide a seniors' housing selection.
Premature withdrawals from retirement accounts have become America's new piggy bank, cracked open in record amounts during lean times by people such as Cindy Cromie, who needed the money to rent a U-Haul and start a new life.
Don't get too caught up in the good times while nontraded REITs are extremely lucrative and lose sight of proper client allocations.
Mary Beth Franklin tackles three questions about Social Security survivor benefits. The questions are similar and the answer may surprise you.
Aggressive monetary easing, a shale oil boom that's lowered energy costs and improving corporate balance sheets give the world's largest economy an edge over other regions.
As Fed winds down quantitative easing, interest rate hikes will be the next whammy. But there is some good news in rising house prices.
Agency still urges all Americans to create online accounts
