Half of Retirees Wish They Had Quit Earlier
If they could have retired with the same amount of money, retirees wish they had stopped working four years earlier, an NY Life survey found.
Renting Your Home on Airbnb? Don't Forget Lodging Tax
“When you’re short-term renting a property anywhere in the U.S., you’re essentially operating as a hotel,” Rob Stephens of HotSpot Tax warns.
‘Modern’ DC Plans Have Pension-Like Elements: Vanguard
Employers are taking more of a responsibility in the defined contribution plans offered to their workers, a report issued Tuesday by Vanguard found.
Wealthy Millennials Don’t See Retirement as End of Work: Survey
High-net-worth Americans plan to retire at 56 on average, and more than half plan to keep working in retirement, a BMO Private Bank study found.
In Retirement Planning, Knowledge Doesn’t Always Lead to Action
In a retirement readiness index from Voya, retirees scored a little higher than workers, but both groups show room for improvement.
Tax-Deferred Retirement Saving—Without a 401(k)
The single most powerful feature of an annuity is tax deferral, according to Mitch Caplan, CEO of Jefferson National, not features like guaranteed income and riders.
The Password Is Dead
No company or consumer is safe from cyberattacks, and financial services firms represent a huge opportunity for hackers.
Wealth Managers Must Be High-Tech and High-Touch
Many robo-advisors are aimed at younger, mass affluent investors. But boomers and high-net-worth clients like tech tools, too.
Tax-Deferred Retirement Saving, Without a 401(k)
The single most powerful feature of an annuity is not guaranteed income, says Mitch Caplan, CEO of Jefferson National.
Bob Doll: Fed Rate Hikes Likely in September
Although the Fed doesn’t appear to be in any “immediate hurry to act,” Bob Doll believes interest rate increases will begin in 2015.