Americans are living longer, so those retiring today and in the future must plan for a longer period of spending than previous generations.Read More
San Antonio-based USAA announced that it’s selling its investment management business to Ohio-based Victory Capital Holdings Inc. for at least $850 million.
Charles Schwab became next in line for part of the San Antonio-headquarted company. Specifically, Schwab, based in San Francisco, agreed to buy USAA Investment Management Co. for $1.8 billion. It is uncertain how this transaction will impact Victory Capital’s efforts.Read More
The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell this week that signaled easier monetary policy could be implemented later this month.Read More
If something doesn’t seem right in your retirement savings strategy, the best time to figure out where improvements could be made is now. Catching pitfalls early can help you secure a comfortable retirement later. Here are some warning signs that something might be wrong with your retirement plan, as well as simple fixes to get back on track.Read More
Has the Dow’s big tumble this week, sparked by renewed jitters over the U.S.-China trade fight, brought back not-so-distant memories of the market’s wild ride in late 2018?Read More
April is National Financial Literacy Month, but this week is National Retirement Planning Week, which means it’s time for yet another round of depressing statistics about how unprepared many people are for retirement.Read More
Fiduciaries have a “duty to care.” That means these obligations extend beyond the first meeting. A fiduciary will continually monitor a client’s investments and financial situation and adhere to best practices of conduct for the duration of the relationship.
Rather than focusing on the turbulence, wondering whether you need to do something now or wondering what the market will do tomorrow, it makes more sense to focus on developing and maintaining a sound investing plan. A good plan can help you ride out the peaks and valleys of the market and may help you achieve your financial goals.
Just checking in on your accounts can prompt you to take action. But the problem is those choices are often driven by your emotions at the time.
Gyrating markets, rising rates and significant market volatility will always create anxiety for investors and leave them with a bad, sinking feeling.
Get ready to save more for retirement in 2019! The Treasury Department has announced inflation-adjusted figures for retirement account savings for 2019, and there are a lot of changes that will help savers stuff these accounts.
The volatility that is often associated with the month of October has arrived with the market sell-off on Wednesday, October 10. Experiencing market declines and increased volatility can be unnerving for any investor, but if we can take a step back and see the big picture, that the market and economic environment remain positive, it can be easier to weather these challenging periods.
Presenting the LPL Research Midyear Outlook 2018:
The Plot Thickens, packed with investment insights and market analysis to guide you through all the action we may see in the year ahead.
When we as investors began 2018, we were tuned in to the recent fiscal policy changes that were
expected to propel economic activity and the financial markets higher in the coming year. The
handoff in leadership from monetary policy to fiscal policy was well underway as a driver of
consumer spending, business investment, and corporate profits. Instead of depending on the Federal
Reserve (Fed) to move this expansion forward, fiscal incentives are now critical for continued
growth, with the new tax law taking the lead.
You have managed to save as much as possible right? Day in and day out, you maximize the heck out of your 401k. Save money here, save money there. Now its time for your big day. Are you prepared? Do you have the resources you will need to succeed in retirement? These are serious questions and they deserve professional answers. Let us take all the hoping and wishing out of the equation, and develop a plan that will have you more than prepared and excited when your day comes! Here is a perfect example of what we can do for you. Take a look!
It can be tough to imagine retirement when it’s far in the future. But the decisions you make now about saving and investing will impact the retirement lifestyle you get to live. To simplify the process, try spending a small amount of time, such as an hour or two, working on your retirement plan. You’ll find small changes often make a big difference later, when you’re ready to step into the next phase of life. Follow these steps to improve your retirement strategy.
You’ve worked long and hard to accumulate the assets that you are using to help finance your retirement. Now, it’s time to start drawing down those assets. Exactly how you liquidate your assets will affect your tax and impact how long those assets last, so it pays to plan a withdrawal strategy that is efficient and maximizes the benefits of different types of investments.
So you’re on the verge of retirement and you’re faced with a difficult choice regarding the defined-benefit pension plan you’re fortunate enough to have: Should you accept the traditional, lifetime monthly payments or take a lump sum distribution? Understandably, you might be tempted to go with the lump sum. After all, it may be the largest single disbursement of money you’ll ever receive. Read More