If you’re 40 or 50 and haven’t begun, you must make the effort. Some people start saving for retirement at 20, 25, or 30. Others start later, and while their accumulated assets will have fewer years of compounding to benefit from, that shouldn’t discourage them to the point of doing nothing. If you need [...]
Employers are focusing on their employees’ financial wellness and retirement readiness in 2013, according to a survey of 425 employers (representing 11 million employees) conducted by Aon Hewitt. Workers need 11 times their annual salary to have a financially secure retirement, but the average worker has a savings shortfall of 2.2 times their annual salary, [...]
Some may be renewed, others may not be. At the end of every year, certain federal tax breaks face a sunset. Some are renewed, some expire. As 2014 will soon start, here is a list of some of notable tax provisions that may go away next year – offering some opportunities that you may want [...]
The 2014 Investment Outlook from LPL is here. "In the year ahead, there are many reasons investors can return to the basics of growing and preserving their portfolios and spend less time gauging the actions of policymakers." A farming almanac is an annual publication containing a guide for the coming year and a forecast of [...]
The Stock Market Overcame Many Challenges in 2013
Who should inherit your IRA or 401(k)? See that they do. Here’s a simple financial question: who is the beneficiary of your IRA? How about your 401(k), life insurance policy, or annuity? You may be able to answer such a question quickly and easily. Or you may be saying, “You know … I’m not totally [...]
LPL Financial Research's Fixed Income Strategist Anthony Valeri and Lord Abbett's Fixed Income Strategist Zane Brown discuss taxable bonds and how to invest for rising interest rates.
Before your teenagers start working or head off to college, put them on the road to financial literacy Do your teenagers know how to manage their money? Many young people are no longer starting out their adult life in a traditional job with a pension. That’s why it’s critically important for them to form good [...]
Who will step in to fill the void once the Federal Reserve decides to exit the bond market? Anthony Valeri, Senior Vice President and Fixed Income Strategist
Not making a move may not be the best move to make. A decision not made may have financial consequences. There is an old belief that women are more cautious about money than men, and whether you believe that or not, both women and men may fall prey to a kind of money paralysis as [...]
