Despite facing significant economic headwinds, millennials have a solid financial foundation, according to a recent survey.
A series of strategies to help clients attain their goals, no matter their age.
Brad Rhodes: Stress and retirement. Published 12:00 am Sunday, April 30, 2023. Retirement can be a time of great joy and relaxation, but it can also be a time of stress and anxiety.
May 1— The work world is changing, says Garry Thurman, owner of Guardian Investment Advisors. Men may have, at one time, dominated financial affairs. But as more women enter the work force, they are learning to take control of their financial health and longevity.
San Francisco- based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and depositors have grown increasingly worried that the bank may not survive as an independent entity for much longer. At the end of last year, the Federal Reserve ranked First Republic 14th in size among U.S. commercial…
BENTON, Ill.– A former vice president and loan officer for Community First Bank of the Heartland in Mount Vernon admitted in federal court in Benton on Friday morning to multiple acts of arson and bank fraud. "Richard Pigg not only used his professional position to deceive his victims and defraud the bank that employed him, he also risked the lives and safety of our…
Credit card rewards help our family save money on groceries, gas and other necessities. We also use rewards for airline tickets, hotel rooms and airport lounge access. We’ re in good company.
Investment markets are in a challenging period in which large swaths of the stock and bond market have lost value. You may have noticed the impact of this on your own workplace retirement savings plans, such as 401 or 403 accounts. While watching the value of your portfolio drop is never easy, investors must understand that markets can be volatile over short…
In some high-cost parts of theUnited States, the homes seniors bought years ago for a modest amount are nowworth $1 million or more. But owning ahomeworth $1 million isn’ t the same as having an equivalent amount of money in the bank. To cash in on the rise in your home’ s value, you usually need to sell— somethingmany retirees are reluctant to do.
Top advisors have one thing in common – they all are on a lifelong journey that begins in the mind.
Retirement is a significant milestone for every couple. The days of making college tuition and mortgage payments are hopefully over. It's now time to throttle back and enjoy the good life.
Brad Rhodes: Will your student loan debt last into retirement? Student loan debt is a growing problem in the United States, with many people struggling to pay off their loans well into their retirement years. According to a report from the Consumer Financial Protection Bureau, the number of older Americans with student loan debt has quadrupled over the past…
As older Americans are increasingly the target of financial fraud, a bill to project against senior scams is headed to…
Retirement is a monumental life goal, one that most Americans keep their eye on throughout their working life (and rightfully so!).
Retirement planning doesn’t always include discussion about post-retirement risks. How you can help your client navigate retirement securely.
Your clients have two questions they need you to answer in the wake of the recent bank failure news.
Advisors are slow to embrace digital transformation, despite investing more than other segments. So, unless they quickly embrace change, hard-won progress could stall.
Women of color in the U.S. are committed to writing their own financial narratives to create better outcomes than those who came before them, according to new research from Edelman Financial Engines.
In December 2021, Iwrote a favorable review ofWade Pfau’ s "Retirement Planning Guidebook" published byRetirement Resources. Pfau has produced a second edition of his book, which addresses all the major regulations passed since then. The book covers investments, withdrawal options, annuities, Social Security, Medicare, health insurance, long-term care options,…
U.S. mortgage rates rose this week for the first time in more than a month, at least a temporary setback for would-be home buyers and a housing market already reeling from more than a year of interest-rate hikes by the Federal Reserve. Mortgage buyer Freddie Mac said Thursday that that average fixed-rate 30- year mortgage edged up to 6.39% from 6.27% the week…
