Advisors are still struggling with the best way to create retirement spending plans for their clients, with no single strategy emerging as a clear leader.
As Albert Einstein is reputed to have said, Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesnt, pays it."
A Fidelity study shows that employees with access to both an ESPP and a 401(k) tend to borrow a smaller amount from their 401(k) and had a lower outstanding loan amount.
The COUNTRY Financial Security Index finds that 59 percent of those surveyed said that they were willing to work five years longer if it meant they could see their kids graduate college debt-free.
Half of all U.S. households of non-retired and retired people who have at least $100,000 in assets are interested in converting assets into guaranteed lifetime income for retirement.
Many small-business owners are counting on the sale of their businesses to fund their retirement. However, they dont necessarily have an exit strategy which could complicate matters.