The perfect location may vary by person, but at the end of a long career most of us would like to settle in a place with a low cost of living. Decent weather and a few museums would also be a plus. More: 11 best islands in the world to retire on "There are many factors to consider when deciding where to retire," said Bankrate.com data analyst Adrian Garcia. "It comes down to very personal preferences, so it's important to weigh all factors and determine what is most important for your happiness." The company has released an interactive tool that allows users to do just that by adjusting the importance of each category and generating personalized recommendations. Nebraska is the best state for retirement overall, earning some of the highest rankings for both affordability and wellness, followed by Iowa and Missouri, according to a new Bankrate study. Missouri and Michigan are the cheapest states in which to retire, while California and New York are the most expensive. Gallery: 10 Best States for Retirement The affordability rankings were determined using data from the Council for Community and Economic Research, the Agency for Healthcare Research and Quality and the Tax Foundation. The overall rankings considered additional factors such as wellness, weather, culture and crime. Maryland finished last, landing in the bottom 20 in four out of the five categories. New York and Alaska rounded out the bottom three, held down by cost of living and weather.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
