Would you like some investment help with that 401(k)? A growing number of employers are adding unbiased third-party investment guidance options as they work to improve their retirement plans. The advice can add to your investment costs, but it’s coming from the best type of planner: independent advisers who have the fiduciary responsibility to put [...] [...more]
What’s a safe withdrawal rate in retirement? For years, the rule-of-thumb answer has been 4 percent, adjusted annually for inflation. But a growing number of financial planning experts are re-thinking that number. “Advisors are getting the question a lot these days from clients,” says Maria Bruno, a senior investment analyst in Vanguard’s Investment Counseling and [...] [...more]
Unemployment can throw a wrench into even the best retirement plan — especially for older workers in their peak earning and retirement saving years. Now that the employment picture finally is starting to improve, older workers who have been through the wringer of joblessness face the task of getting those plans back on track. More [...] [...more]
Financial planners see affluent gay and lesbian clients as an important growth market. But the LGBT community faces unique financial planning challenges – and the ground is shifting rapidly, especially where same-sex couples are concerned. A growing number of states recognize same sex marriage and civil unions, but the federal Defense of Marriage Act (DOMA) [...] [...more]
Mutual fund costs will be Topic A this fall around many kitchen tables when workplace retirement savers start receiving the new government-mandated quarterly statements spelling out exactly what they are paying for their 401(k)s. But a kitchen table chat is also in order for retirees. After all, smart portfolio management is important in retirement, too. [...] [...more]
