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.
Search Results for "child ira"
Improving retirement plans step-by-step, remembering gas station price wars, and markets highs bring out the wolves in sheep’s clothing.
“There is no practical difference between ‘adviser’ and ‘advisor’ in the eyes of the customer. Both suggest a level of relationship well beyond the standard of a brokerage relationship.”
I am behind any idea that puts savings on autopilot and takes a lot of thought out of it. Take for example every time we get a raise in our salary. We should automatically have our savings contributions adjust accordingly when that happens.
“Casting a wider investment net on asset classes and alternative strategies, especially those that are designed to reduce risk, as increasing a sponsor’s fiduciary liability. That seems to be the misnomer, that the term ‘alternatives’ assimilates to higher risk or higher cost investments.”
Fiduciary irony, fee disbelief, and investment deja vu.
While Social Security is not going “bankrupt,” it’s clear it will have to change in both a fundamental and disruptive way.
Despite those imagined rosy memories, actual history shows, with a few notable exceptions, pensions were never as universal or as lucrative as imagined.
State-run wrongs, advice vs. sales, and the consequences of fee compression.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/16/18
States muscle in on Fiduciary Rule, SEC (finally) goes after 12b-1 fees, and lessons from the correction.