
Lee Conrad
Former senior editorLee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Lee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
The average fund posted a 12.6% annual gain compared to 7.6% for the S&P 500.
While the average savings in retirement accounts increased markedly in recent years, the amounts varied significantly by income levels, says an expert.
Health care costs are on the rise and Social Security's cost-of-living adjustment isn't enough to keep up with the rising medical costs.
Clients should consider the next market downturn as an opportunity to invest in stocks that are "on sale."
The funds gained an average of 13.3% a year over the past decade, which began before the financial crisis.
Despite impressive aggregate numbers, the median value of a 401(k) account for someone 65 and over is about $60,000.
Seniors might get the policy again if they decided to drop it, but the rules "aren’t really super specific about what should happen in this situation,” one expert says.
As the Dow tops 23,000, remember the largest percentage drop in history.
Various measures of what constitutes cash can produce different analyses. This list uses net cash positions at the largest funds.
Investors can "make some real money trading, but you really have to know what you are doing,” says one advisor quoted in the article.