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“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.April 3
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Retirees will end up locking in substantial losses if they decide to cash out their investments during a bear market to generate income.April 2
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Market volatility brought on by the coronavirus pandemic may present a great time to invest, as many stocks are being sold at bargain prices.April 1
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By extending their working years, seniors can see an increase in their Social Security payouts.March 31
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Seniors should focus on what they can control — such as their reaction to market volatility and their long-term savings.March 30
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In some cases, workers who have received severance pay have the option of investing the money for retirement and other long-term goals.March 26
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Older clients are advised to take extra steps to protect their finances as the current crisis may leave them prone to making poor financial decisions.March 25
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“[By extending the tax deadline], they automatically extended the deadline to make an IRA contribution last year,” an expert says.March 24
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Clients are advised to minimize spending and tap possible sources of cash and credit, including their tax refund.March 23
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Market plunges are normal and stocks are likely to recover and earn a positive return over the long term, says an expert.March 20
