‘Doomscrolling’ Not Helping Nervous Retirement Investors
Wells Fargo study finds 29% would cash out their 401k or IRA investments to cover immediate expenses if they could do so without tax penalties.
Wells Fargo study finds 29% would cash out their 401k or IRA investments to cover immediate expenses if they could do so without tax penalties.
Classic 60/40 portfolio lost 15% in 2022, according to WSJ. Downturn might have some investors itching to alter their investment mix.
78% of pre-retirees worry that market volatility will impact their ability to retire on time1, Lincoln Financial Group research reports.
PSERS seeks ‘emergency’ replacement for consultant blamed in 2020 error. Pennsylvania school pension system moves to replace a longtime contractor.
For years, target-date funds have been one of the go-to options for retirement investors. The appeal is clear; when you invest in a target date fund.
As retirement date draws close, a married couple seeks a second opinion on their portfolio, their plan, and their anticipated in-retirement spending.
Retirement plan sponsors have enough on plates, they should pursue remedies like fiduciary liability insurance that relieves the exceptional burden.