Divorce might be the worst financial plan of all
Plus: Congress paves the road to becoming filthy rich, NextShares gains traction, and banking on a Clinton victory
- Divorce can crush just about any retirement savings strategy. And women generally suffer more than men. The later a woman divorces, the more likely she is to be working late in life.
- The road to real riches often begins in Congress, where the political class leverages power and influence to make the really big bucks in the private sector. Former lawmakers get filthy rich sitting on corporate boards.
- Eaton Vance’s NextShares gains traction as the answer to active-management woes. Still a long way to go for these kinds of funds.
- The presidential election is now seen as so lopsided that at least one bookmaker is already paying off for a Hillary Clinton victory. Counting the votes before they’re hatched.
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