Yongyuan | E+ | Getty Images Data suggests some retirement savers are seeking out safe havens within their 401(k) plans. But the move may hobble those investors in the long run; in fact, it may have done so just last month. Investors sold out of target-date funds and large-cap U.S. stock funds in October in … Read more
Ascentxmedia | E+ | Getty Images Add this to the list of challenging questions for retirement savers: Should I contribute to a pre-tax or Roth account? You may not know if you made a wise choice until decades have passed. Fortunately, there are some key factors to help make the decision easier, and situations in … Read more
Retirement investors for the most part are staying the course, despite market volatility and rising inflation and interest rates — instead of deviating from their plans and halting contributions in a panic. After years of a bull market, investors may have been unnerved by the volatility that continued in the markets into the second quarter … Read more
Andresr | E+ | Getty Images For retirement “super savers,” good financial habits appear to go far beyond fattening up their nest eggs, a new study shows. Most of these workers — whose 401(k) contributions are at least 15% of their pay or 90% or more of the maximum allowed — also pay their bills … Read more
Image shows a pull figurine signifying a bull market. T. Rowe Price says investors should expect lower returns in the midterm. In 2022 the S&P 500 had its worst annual first-half in five decades. With the tailwinds that buoyed global economies during the pandemic recovery gone, those who are saving for retirement should take several … Read more
Breadcrumb Trail Links PMN Business Politicians from Florida and Texas push back against investment strategy that weighs risks tied climate change and other societal issues. Author of the article: Bloomberg News Frances Schwartzkopff Ron DeSantis speaks during a rally in Hialeah, Florida, on Aug. 23 Photographer: Eva Marie Uzcategui/Bloomberg Photo by Eva Marie Uzcategui /Bloomberg … Read more
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on … Read more
Online-only banks have yields of 1.5% and even 2% right now. That’s better than you’ll do at any brick-and-mortar bank. Dreamstime Text size The Federal Reserve has raised interest rates four times this year to cool inflation, bringing its benchmark rate from near zero to a range of 2.25% to 2.5%. The average savings account … Read more
Over the past eight years, anyone with some extra cash to invest has had a problem: Finding a safe place to put it that earned a reasonable rate of interest was nearly impossible. But since 2015, the Federal Reserve has hiked interest rates seven times, with each increase being 25 basis points. Suddenly, earning a … Read more
The interest rate environment has made an about-face this year, leaving savers scrambling to rebalance their strategies. Coming into 2019, it had appeared that interest rates would keep rising. But early on the Federal Reserve paused its tightening campaign, and by summer it had reversed course and started loosening rates again. The Fed has cut … Read more