Which is harder to swallow: realizing that your advice cost a client more than $29,000 in lost Social Security benefits or owning up to the mistake?
People are more apt to change their behaviors when they are engaged in fun, achievement-oriented tasks with established rewards.
A shocking number of plans still charge more than 2% in fees, but technology is changing the game.
Demand will shift from retirement income to housing and care issues.
House and Senate Dems sent separate letters this week to Labor Secretary Thomas Perez asking him to add 45 days to the 75-day comment period.
The typical worker forfeits $1,336 a year in lost 401(k) employer matches. Are you one of them?
How do you instill values in your children so that even the most privileged work for the benefit of their families and others?
Adding a mix of nontraditional investments to fixed-income holdings can help.
Once, these moves might have been seen as wise. But the environment has changed.
For now, the service provided is advice, rather than management.
It will be tough, however, to compete with 401(k) behemoth Financial Engines.
Advisers must go further than automatic features if they'd like to get employees interested in saving at work.
Groups say they need an extra 45 days above the 75-day comment period to respond.
Retirement plan experts predict a major shake-up in the way broker-dealers do business with small retirement plans and IRAs — all thanks to a prohibited transaction exemption in the Labor Department's new fiduciary duty proposal.
If circumstances are such that an investor can no longer afford premium payments, the last thing they should do is do away with the contract, according to one expert.
Buried in the new “Doc Fix” law are provisions that will adversely affect some folks on Medicare.
Level used in a government example has become the norm as some companies move to 4, 5 or 6% while retirement experts say 15% is really what's needed.
Rule No. 1: Stop being an asset manager and become a plan manager.
Level used in a government example has become the norm as some companies move to 4, 5 or 6% while retirement experts say 15% is really what's needed.
Nearly a quarter of retirees 85 and older are dying with assets of less than $10,000
