Key market predictions and economic forecasts for the coming year paint a slower, less volatile picture, with gains in the single digits, Fed tightening around the middle of the year, gradual improvement in the unemployment situation and a bump in 10-year Treasury yields.
When it comes to saving for retirement, many would rather spend now instead and often prove it by pulling money from what retirement savings they do have.
More than half of American households are at risk of being unable to maintain their preretirement standard of living in retirement, according to new estimates from the Center for Retirement Research.
The projected growth in AUM figures over the next few years underscores that the RIA channels asset market share will continue to exceed headcount market share.