Moving from contributing to your pension to accessing it for your retirement is a major milestone. But understanding when to retire and how the 4% pension rule can help ensure you have a good stream of income is important. Deciding how and when to start withdrawing money from your pension pot can influence how long […]
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From around the country and across the globe, nearly 3,000 attendees descended on Huntington Beach, California, for the second-ever Future Proof, the open-air beachfront wealth conference put on by financial services incubator Advisor Circle and RIA Ritholtz Wealth Management. Opening Sunday afternoon and closing today (Wednesday), the event was billed as a way “to give the […]
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A certified financial planner on the money mistakes she made early in her career and how she got on a better path. It seemed like a good idea at the time. I was a brand-new financial planner and I thought I had to look a certain way. The only problem was that I hated shopping, […]
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Whether your vision of retirement is raising the anchor on a sailboat, keeping busy and paying the bills with full or partial employment, or something in between, the retirement landscape is drastically changing. Each generation, from boomers and Gen X to millennials and Gen Z, faces different prospects on how much money they’ll need, where […]
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By Jeff Berman September 13, 2023 at 05:04 PM AAAA said that it will also recognize an exceptional collaborator who has actively championed the organization’s mission. The Association of African American Financial Advisors kicked off its annual Value. Impact. Success. Influence. Optimize. Now. Conference on Wednesday at the Gaylord National Resort and Convention Center in […]
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After months of rising confidence, retirement advisors are suddenly souring on the U.S. economy. That’s the upshot of the latest Retirement Advisor Confidence Outlook (RACO), a new survey by Financial Planning’s parent company, Arizent. Every month, RACO asks hundreds of wealth managers about various economic conditions, as well as their own clients’ asset allocations. All […]
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shapecharge / Getty Images Having net assets of $1 million or more doesn’t carry the same aura of extreme wealth that it used to, but it’s still a pretty tidy sum of money — especially considering that the average retirement savings in the United States is less than $90,000. Even so, a significant percentage of […]
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shapecharge / Getty Images Having net assets of $1 million or more doesn’t carry the same aura of extreme wealth that it used to, but it’s still a pretty tidy sum of money — especially considering that the average retirement savings in the United States is less than $90,000. Even so, a significant percentage of […]
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By Beth Pinsker Hint: Just thinking about breaking up with the person who manages your money is probably the only sign you need that it’s over If your only personal communication from your financial adviser is a yearly birthday card, it’s time to break up. That’s the basic money-management relationship advice from Cody Garrett, a […]
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Americans have had access to generative AI technology like ChatGPT and Google Bard for less than a year, yet a good portion are willing to take financial advice from it. A recent CFP Board survey found that 31% of investors felt comfortable implementing financial planning advice from AI without verifying it with another source. That’s […]
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