your financial details.
Posts by Arturo Conde:
Facing both inflation and a possible recession, retirement investors are under a lot of financial stress in 2022. And they are looking at their retirement plan providers for both information and guidance. But the Michigan-based consumer research firm J.D. Power says that overall satisfaction with retirement plan providers is falling. And the study shows that one metric has become a battleground for retaining clients: digital performance. Let’s break down what J.D. Power says, which are the top-ranking providers and when you should stay with an old retirement account or move your money. Read more
If you want to invest your money in a smart way, financial experts have recommended avoiding big, high-growth stocks in favor of value names that aren’t as popular. The basic strategy: identify opportunities while minimizing some risk. But the Chicago-based financial firm Morningstar says there’s a smarter way to make money—beta can help investors identify better stock opportunities during economic uncertainty than value or growth. Let’s break down how this metric measures volatility and when you can use it to invest. If you’re looking for smart ways to make money, a financial advisor could help you identify good investments for your portfolio. Read more
A 2022 retirement survey shows that almost one in three Americans believe that Social Security could run out of money and stop making payments. And another 31% expect that they will need to get retirement money earlier. Let’s break down what the survey from Schroders says, what Americans are looking for in retirement plans and three common ways retirees are getting income outside of Social Security. A financial advisor could help you create a financial plan to secure streams of income for your retirement. Read more
While inflation and market volatility loom over the U.S. economy, a new survey by Principal Financial Group shows that 59% of respondents plan to save more than $20,000 for retirement this year alone… Read more
Hispanics and Latinos have played a major role in the country’s population growth over the last decade. In fact, Hispanics and Latinos made up almost one-fifth of the country’s population in 2020 at… Read more
President Joe Biden has signed the Inflation Reduction Act into law. This legislation aims to pay down the national debt, lower energy costs and extend affordable healthcare coverage for millions of… Read more
A thousand workers told Schwab that they need an average of $1.7 million in savings to pay for retirement. But inflation, monthly expenses, stock market volatility and other retirement obstacles are… Read more
When it comes to saving for retirement, workers often choose between investing in a popular defined contribution (DC) plan like a 401(k) or an annuity. But the Teachers Insurance and Annuity… Read more
The IRS says that the average tax refund for returns filed in 2022 is $3,039. This is an increase of 7.5% when compared with 2021, which averaged $2,827. But for taxpayers expecting to get the same… Read more
The global investment management company BlackRock says that a sharp sell-off at the beginning of 2022 pushed down the value of municipal bonds and municipal closed-end funds. But now, lower… Read more
America is saving at an all-time high for retirement. But the global investment firm Vanguard says that just over half are falling short on reaching recommended retirement savings goals or failing to… Read more
Persistent inflation and rising mortgage rates are slowing down home sales. But a new study from the real estate website Zillow says that the housing market in cities could be better than in suburbs… Read more
Biden’s administration has authorized an American license to finance and invest in a private company in Cuba. This could be the first of its kind since the beginning of the U.S. embargo on the island… Read more
Billions of dollars are moved annually from 401(k) plans to IRAs. And starting in July, the U.S. Department of Labor (DOL) will mandate that all financial advisors and brokers comply with a higher… Read more
T. Rowe Price has identified two types of retirees and launched a retirement tool to serve their financial needs. The global investment management firm divides retirees into two categories: savers… Read more
J.P. Morgan Asset Management wants you to rethink how you will pay for retirement. The multinational investment bank says retirement investors should secure enough guaranteed income from pensions,… Read more
Stable value funds post high yields with relatively low risk, and your retirement plan could already be invested in this asset class. MetLife says that more than eight in 10 defined contribution plan… Read more
Robo-advisors are poised to grow over $41 billion by 2027. And Zurich-based bank UBS is targeting tech-savvy investors with the acquisition of one of the top robo-advisors, Wealthfront. Financial… Read more
Retirees are sitting on a record level of home equity, with data showing that their housing wealth has grown $396.1 billion to $10.19 trillion in the third quarter of 2021. For some seniors, this… Read more
President Joe Biden signed the $1.2 trillion Infrastructure Investment and Jobs Act into law on Nov. 15. Over the next few years, states will get multi-billion dollar windfall investments in physical… Read more
House Democrats passed the $1.85 trillion Build Back Better Act on November 19. Now it will move to the Senate for another vote. This infrastructure and social spending legislation includes thousands… Read more
Hispanics and Latinos make up almost 19% of the U.S. population (or 62.1 million out of more than 332 million), according to the 2020 Census. And according to data from the National Association of… Read more
A financial advisor will tell you that there are many smart ways to grow your money. But you need to find the right type of financial investment that best fits your goals. Let’s take a look at how… Read more
The $1.2 trillion Infrastructure Investment and Jobs Act was signed into law on November 15. This is the first part of President Joe Biden’s infrastructure plan, which combined with the $1.85… Read more
The U.S. Department of Education has canceled almost $3 billion in student loans since President Joe Biden entered office in January 2021. The department forgave another $55.6 million in July for 1… Read more
| An error occurred Please reload the page. |
