The problem with Sequence of Return Risk is that there’s no way of knowing if you’ll experience it. It’s a roll of the dice. The best way to avoid this risk is to prepare as if it were going to happen.
Tag "financial literacy"
Learning to budget isn’t a single lesson. It’s a series of lessons that get more advanced as the student progresses.
Now is the time for 401k plan sponsors to seize their fiduciary mantle and provide the guidance and tools plan participants need to dodge emotional decisions that could ruin their chance for a comfortable retirement.
New regulatory guidelines, Will fee “clarity” lead confusion? and What’s on your menu?
States don’t run, fee scruples, and Bogle’s Bombshell.
“Millennials seek instant gratification. Putting money away today to live off of forty years from now isn’t nearly as sexy as a trip to Thailand with your girlfriends or tickets to the World Series. I’m not saying there’s anything wrong with that, but you’ve got to strike a balance between today and tomorrow.”
Government workers ignore math, fee mongers misuse math and savvy salesmen abuse math.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/12/19
Tangled compliance, a broken fiduciary record, and irrational fees.