With many investment categories currently down for the year, now could be an ideal time to rebalance your portfolio. If you’re a casual investor, you may have heard about rebalancing, wondered what it means, and questioned whether it applies to your situation. In this column we will cover the basics of rebalancing and also investigate whether your investments require it.
Over the last few years, target retirement funds have become increasingly popular choices in retirement plans. In just one of these diversified funds, you can invest in both the US and international stock markets, along with safer bond-type investments. Target…
You’ve probably heard that we Americans are largely doing a poor job of saving for retirement. A 2016 report by the Economic Policy Institute puts it in stark terms. By 2013, the mean investment wealth for families in their late 50s was about $164,000, which would generate close to $8,000 a year in retirement. When you combine that with the average Social Security benefit of under $17,000 a year, most are woefully unprepared to stop working in their 60s.
Evaluating Your Financial Health
Prioritize Your Investments To Support Your Situation
Retirement Funds: Options to Think About
It’s a dilemma that most parents face at some point in their lives. There is a trade off between paying for your children’s college education and your financial independence. Unless your resources exceed your ability to spend, this is a…
Some ideas for what to do with your old 401(k) when you get new job.
You do not need to wait until the Trump’s Administration’s review of the fiduciary rule to find a fiduciary adviser.
By making your saving automatic and (if needed) your spending intentional, you can achieve financial independence and the freedom to spend your time as you desire far earlier than average.