(Bloomberg) -- Millions of retirees still live off traditional pensions. Checks from a former employer arrive, and the retirees use them, along with Social Security, to buy groceries and pay rent. They might have investments, but those can be...
They can't all grow up to be Michael Phelps. | Copyright China Photos, Getty Images
While participating in competitive sports can teach youth valuable lessons, it can be costly. Parents whose children participate in competitive youth sports sp...
(Bloomberg) -- We’re all looking for a safe but adequate income stream, and that includes the very wealthy. Like most investors, they’re having a hard time finding it...
As the lawyers work their way through the Department of Labor’s ruling that mandates a fiduciary level of care for advisors to retirement accounts, one emerging trend among consultants, plan sponsors and broker/dealers is an interest in...
Dollar, dollar bills, ya'll. | Image via @cashcats Instagram.
MassMutual is turning to cats and dogs to get people to save more for their retirement. The insurance company has launched a direct marketing campaign promoting the popularity of pe...
#lifegoals. | Copyright Garry Hogg, Getty Images
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Social Security has become such a major source of retirement income for this country's elderly that even many high net worth individuals rely on it heavily. However, they aren't talking to their advisors about it...
Retirement plan keepers embracing the fiduciary rule. | Copyright Alex Wong, Getty Images
Many advisors not currently operating under a fiduciary standard were unhappy when the Department of Labor finalized its conflict of interest rule in Apr...
(Bloomberg) -- Ron Levitt could have retired 16 years ago when he sold his bustling optometry practice in Rocky Hill, Connecticut. Instead, he kept his white coat on, found two part-time gigs seeing patients and continued working...
While the Department of Labor’s recent fiduciary ruling was aimed primarily at retirement investment advisors, including consultants, broker/dealers, insurance agents and IRA providers, it contains plenty of directives that are keeping plan...