JPMorgan Ordered to Pay More Than $4B to Texas Widow
The bank was found to have mismanaged estate of Max Hopper, though courts often reduce outsize punitive damages awards.
Here’s How Financially Naive Millennial Parents Are
According to Personal Capital, 70% say they favor saving for their kid’s college education over saving for retirement, a strategy advisors usually oppose.
How to Get Medicaid for Nursing Home Care Without Going Broke
Even well-off people can easily go broke paying for nursing home care. But it doesn't have to be thus, Medicaid expert Gabriel Heiser tells ThinkAdvisor.
Robert Reynolds: Here's How Workplace Plans Can Save Retirement
A new book from the CEO of Putnam Investments and Great-West Financial outlines changes in 401(k) plans that can help meet that goal.
Fintech Is a Tool, Not an Obstacle, in Client Service
“In the new world of financial planning, value is derived from the ongoing dialogue as much as from the end product or plan,” Celent writes.
The Life Insurance Health Care Savings Bank
Because HNW clients are unlikely to ever qualify for means-based Medicaid coverage, a strategy for covering these expenses can be even more important.
Your Children Can Spare You Time and Money in a Nursing Home
Having more than three children, and daughters, is good for reducing long-term care costs, RAND researchers find.
Manhattan Gets $20,000-a-Month Homes for New Breed of Seniors
Builders want a New York City complex to feel like part of the neighborhood.
Why Most US Pension Plans Will Shaft Their Participants
The world is already facing a $427 trillion retirement savings shortfall.
Married Women Need Their Own Financial Plan: Study
The recommendation from the Center for Retirement Research is based on data showing that many women don't stay married.