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The Hidden Danger of Over-Diversification: Why 401k Plan Sponsors Must Demand Fiduciary Advisers Teach Employees When Too Much is Too Much

    The Hidden Danger of Over-Diversification: Why 401k Plan Sponsors Must Demand Fiduciary Advisers Teach Employees When Too Much is Too Much

The bottom-line is employees may be setting themselves up not only for failure, but for a costly failure. This is why it’s vitally important for employees to understand more than just the simple objective and class of the mutual funds they own.

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Misperceptions Prevent Retirement Saving But These Remedies Can Alter That Reality

    Misperceptions Prevent Retirement Saving But These Remedies Can Alter That Reality

The financial decisions people make can reaffirm their perceived reality. A tweak here and there can change that reality.

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How Financial Pros Teach Their Own Kids About Money

    How Financial Pros Teach Their Own Kids About Money

Think about it. Newborn babies keep their parents up all night. Knowing your adult child has a sizeable nest egg means being able to sleep soundly. And chances are you’ll spend your waking hours with less stress, too. Teaching your children to save early for retirement can achieve this healthy (and wealthy) goal. There’s no reason why financial professionals should be the only parents who know this little secret.

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Gig Workers Saving for Retirement – What’s in Their Best Interest?

    Gig Workers Saving for Retirement – What’s in Their Best Interest?

If you are an active member of the gig economy, you don’t need to wait for Congress to act to start saving for retirement. You can begin saving right now. And, depending on your specific situation, you may just be able to save faster than you think.

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A Fundamental Economic Fact Fiduciaries Use to Fight Fear of Falling Markets

    A Fundamental Economic Fact Fiduciaries Use to Fight Fear of Falling Markets

Economic concepts can lay dormant for extended periods of time, but they never truly disappear. This is why it pays to know people who are older than you and have actually lived through one (or more) economic cycles.

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5 Most Important Financial Concepts a Fiduciary Must Teach

    5 Most Important Financial Concepts a Fiduciary Must Teach

It’s in everyone’s best interest to be successful, so it’s part of a fiduciary’s duty to show them how.

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5 Awkward 401k Questions Every Good Fiduciary Must Know the Answer To

    5 Awkward 401k Questions Every Good Fiduciary Must Know the Answer To

Never belittle the question or the person asking the question. These are sincere queries that represent commonly held beliefs. These beliefs live a Schrodinger Cat-like existence, being generally not quite true and not quite false. It’s critical, for the benefit of all retirement savers, that these questions be asked and that fiduciaries encourage their asking. This is the only way that allows the fiduciary to respond in the second noteworthy way: By using these questions to refute misconceptions and promote good retirement saving decision-making.

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Guidelines for Minor Children: How to Avoid a Personal Retirement Crisis

    Guidelines for Minor Children: How to Avoid a Personal Retirement Crisis

But, as the cliché goes, “What about the children?” Arguably, it is minor children who have the best (and easiest) opportunity to shield themselves from a retirement crisis. They have the advantage of time (to maximize the benefits of compound interest).

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What Ben Franklin Might Tell a 401k Fiduciary to Say at an Enrollment Meeting

    What Ben Franklin Might Tell a 401k Fiduciary to Say at an Enrollment Meeting

Franklin was not merely an advocate of entrepreneurism, he was also one heck of a financier. His will actually calculated the precise growth he expected from the trusts and further instructed the trustees in terms of allocating those assets at the end of the first hundred years and again at the end of a second hundred years upon which the trust would be terminated.

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The #1 Retirement Saving Goal for People in Their 40s and the Most Useful Strategy to Get There

    The #1 Retirement Saving Goal for People in Their 40s and the Most Useful Strategy to Get There

Quite the opposite from being “over the hill,” those in their forties may find they’re still slogging up hill in terms of saving for retirement.

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