Becoming a millionaire seems like a surefire way to live comfortably. However, if you are no longer working, just how long will a million dollars last in retirement? The answer depends on a number of factors, but some financial experts say you shouldn’t count on a million dollars sustaining a long retirement.
Many 401(k)s put members into target-date funds, often by default. These professionally managed funds automatically start savers in equity-heavy portfolios and increasingly reallocate assets to... more
Retirement planning involves many factors, but one that’s often overlooked is selecting the right time to retire—if clients even have a choice. Advisors can help,... more
The rate of U.S. inflation hit 7.9% in February, according to government data released Thursday. It remains at a 40-year high. High inflation is, no... more