Thanks in part to media reporting, retirement savers objectives are often misplaced. Striving for a high return or outpacing a particular index does not make for a successful retirement savings strategy.
Posts From Christopher Carosa, CTFA
A New Fiduciary, Fee Crossfire Silence and Controlling Expectations.
“While it is preferable to start at a young age, you are never too old to start making good financial decisions. If you have made mistakes in the past, it is important that you recognize where you went wrong, and start taking the proper steps to fix any issues you may have created, so that you can move towards a healthier financial state.”
Tax Reform, New DOL Secretary, and Hammering Index Funds.
Comprehending the tax code is not an activity for the faint of heart and most retirement savers would faint if they saw the actual codebook. The problem with current tax code is that it may not be the same in the future. This realization can have profound impact on the retirement savings strategy one undertakes.
The Changing Retirement Landscape, Cheap Fiduciary Talk, and See, We Told You So!
The retirement world will change, whether the industry wants it to or not. One thing is for sure, though, “financial literacy efforts, while effective for such matters as personal budgeting and proper use of credit, can’t overcome the huge knowledge gap that exists between individual investors and those who stand ready to prey upon them.”
401k ascending, Fiduciary delayed but debated, and the perils of performance.
These are the times it’s most important for fiduciaries to learn how to say “no” to clients who feel compelled to set their own best interests aside just to chase investment performance. No one is saying that’s an easy job.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/12/17
States don’t run, fee scruples, and Bogle’s Bombshell.