When things feel stressful or uncertain, it can be tempting to give in to the overwhelm and surrender your sense of agency. The future isn’t certain for anyone. But there are things you can do to find your way and find reassurance when things feel chaotic.
Over the past year, there has been increasing buzz in the financial industry surrounding new regulation from the Department of Labor (DOL). The “Conflict of Interest Rule” proposed by the DOL seeks to apply a “fiduciary standard” to any financial advisor who makes recommendations about clients’ retirement accounts.
As one of the youngest developed countries to receive full independence, Australia has made impressive marks on the world economy and financial markets.
If you get an inheritance from your spouse, parents or other generous benefactor, chances are that all or some of that inheritance will be in the form of an IRA.
If you’ve turned on the news in the last month, you have heard the term “Brexit.” The portmanteau has been splashed all over international headlines since early June, when Britain prepared for a referendum on whether it would exit from the European Union (EU).
Retirement accounts represent a life’s worth of savings. Yet, when a person’s life ends, his or her account passes beyond personal control and discretion. Foolish management and legal disputes can quickly eat away at a gift that was meant to last many years.
In 1950, America boasted roughly 16 working adults for each retiree. The large pool of workers contributing to social security and the relatively low number of retirees receiving payments combined for an effective way to fund a stable source of supplemental income for retirees.