The market downturn is taking its toll on Generation X investors, the 52 million Americans born between 1967 and 1981, a survey by
In spite of recent market conditions, 69% believe their standard of living in retirement will be better than their parents and the majority describe their financial situation as very or somewhat secure, the survey showed.
MainStay conducted the survey of 530 investors between the ages of 23 and 35 in May 2002.
A therapist in New York still has $50,000 in student loans. Can President Biden's new policy bring her relief?
The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
A new MIT study says AI could potentially adapt to an advisor's predictive and empathetic behaviors. But industry leaders argue AI is actually generating more job growth for advisors, not replacing them.
Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings. How can gray divorcees shore up their finances?
Some planners and firms are taking action to address impending retirements. Here's why opening more pathways into the field matters to every company in wealth management.
The Internal Revenue Service is extending tax relief on required minimum distributions from inherited retirement accounts not made in 2024 after providing similar relief in recent years.
