The new service extends the Morningstar Retirement Manager interface and uses DFA to provide personalized advice to clients with smaller accounts.
The COVID-19 pandemic taught us all that target-date funds are perfectly suited for individuals who feel apprehension about market volatility.
It’s time to change the way Americans prepare for retirement. Retirement isn’t the finish line. It’s the starting point to a sustainable lifestyle.
More cited workplace retirement savings plans such as 401(k) plans and individual retirement accounts as important income sources and debt was low.
Because retirement is just one aspect of overall financial health, advisors’ roles are changing. Plan sponsors are seeking advisors who deliver more.
A healthy 65-year-old woman has a very good chance of living to age 86, and a 65-year-old man has a good chance of reaching age 84.