Median Retirement Balance Is $3,000 for All Working-Age Households
For households near retirement, the news is worse – the median balance is just $12,000, according to a research report from The National Institute for Retirement Security.
Social Media: Don’t Just Be There, Be Remarkable
Financial Social Media held on Friday a webinar discussing trends in social media that advisors should take note of in 2013.
Gen X Drew Financial Short Stick: Financial Finesse
Gen Xers between the ages of 30 and 44 have suffered from market downturns and are generally worse off than millennials and boomers, says a new Financial Finesse study.
GOP Exits Tampa, Trailed by Perception They’re Party of the Wealthy, Poll Finds
As Republicans head home from Tampa after naming Mitt Romney and Paul Ryan to head their ticket in the November election, they face a widespread perception that the GOP is the party of the rich, according to a Pew Research Center survey.
Pensions: $1 Trillion Economic Impact
Pensions do more than protect older Americans after they retire; they have a distinct and significant impact on the U.S economy and play a role in job creation, according to the National Institute on Retirement Security.
How Advisors Are Using Social Media (With No Compliance Headaches!)
Advisors are increasingly under pressure to begin using social media in their own practices, but the research shows that the main benefit is how it improves communication and interaction with current clients.
Advisors Dig Into iPad With Enhanced Apps From Russell, Fidelity
Russell Investments announced on Nov. 17 that it has launched an iPad-enabled version of its HelpingAdvisors.com website to give advisors mobile access to tools like the Economic Indicators Dashboard, the Business Cycle Index and the Helping Advisors blog.
Profiting from Morality
Brian Payne, vice president of investments at Wells Fargo Advisors in Dallas, has had a close association with the Muslim community in the Dallas/Forth Worth area for about five years.
Men Not at Work: Brookings Adds to ‘Mancession’ Worries
A Washington think tank looking at long-term employment trends adds discouraging data about reduced earning power for men in America.
Hispanics Suffer Most in Wealth Decline, Pew Says
Household wealth fell far more sharply among minorities than in white households, according to data analyzed by the Pew Research Center, with Hispanics taking the brunt of losses.