8 Best Foreign Retirement Destinations
The Retire Overseas Index identifies some lesser-known cities and regions for retirees to explore.
Health Care Expenses for Retired Couples Hit Record $260,000: Fidelity
That's a 6% increase over last year, Fidelity reported. Meanwhile, HSAs' popularity is soaring.
Social Security Turns 81
The program helps to finance the retirement of more than 40 million Americans but needs fixing to avoid payment cuts of 25% by 2034.
Morningstar to Help BDs Manage Small 401(k)s
Morningstar Plan Advantage will let broker-dealers offload the fiduciary responsibility of managing defined contribution retirement plans.
LPL Details New Mutual Fund-Only Accounts
The new accounts deliver “cost benefits of direct business but with the ability to supervise that comes with LPL custody,” the firm says.
TDF Providers Should Offer More Than One Series: Cerulli
Target-date fund providers should offer more than one series of TDFs to meet the myriad needs of DC plan providers, Cerulli says.
SEC Charges Ex-NFL Player With Defrauding Former Coaches, Elderly
The player cheated seniors and coaches, donors, alumni and employees of schools out of $10 million, the SEC said.
Should You Hoard Cash Before the Election?
Gary Shilling suggests cash allocations of 30% to 50%; S&P's Sam Stovall says holding cash makes sense. But there are less dramatic ways to speculate.
Social Security Replacement Rates Fall as Wives Earn More
Although women make up nearly half of the U.S. labor force, Social Security is still designed for single-income couples, according to CRR.
Here’s a Reason Baby Boomers Could Curb U.S. Growth This Decade
Output per capita will take a hit as workers older than 60 make up more of the labor force, according to an NBER study.