Posts by Arturo Conde, CEPF®
Retirement
Morningstar Says This Brokerage Account Can Help You Save More for Retirement Than a 401(k)
Many Americans save for retirement through 401(k)s. These accounts offer tax-deferred benefits, which means that your money can grow tax-free until you make a withdrawal. But for those who don’t have access to an employer-provided retirement account, or simply want… Read more…
Retirement
Vanguard, Fidelity Will Join a 401(k) Auto-Portability Network to Rescue $1.5 Trillion in Retirement Savings
Two top 401(k) companies — Fidelity Investments and Vanguard — have teamed up with two information technology and services companies — Alight Solutions and Retirement Clearinghouse — to create an auto-portability network. If auto-portability gets adopted nationwide, these companies say that it… Read more…
Investing
This Popular Portfolio Strategy Can Actually Make You Lose Money
Many long-term investors have championed the 60/40 portfolio, which holds 60% in stocks and 40% in bonds, as a classic investment strategy that can deliver risk-adjusted returns. But Morningstar says that persistent inflation and interest rate increases in 2022 have… Read more…
Investing
HSAs Can Earn More Tax Benefits Than 401(k)s, 529s and IRAs: Morningstar Ranks the Best
Health savings accounts (HSAs) have grown at an annual growth rate of 31% over the past 15 years. And a 2022 study by Morningstar says that HSA assets added up to $98 billion by the end of 2021. Overall, the… Read more…
Investing
Active Funds Struggle to Beat Passive Funds: Which Should You Buy During Volatility?
Active fund managers make their reputation on helping investors navigate skillfully through volatile markets. But only 40% out of almost 3,000 active funds survived and outperformed average passive funds between June 2021 and June 2022. Here’s what Morningstar’s semiannual report… Read more…
Retirement
Americans Aren’t Satisfied With Their Retirement Plans Online — J.D. Power Ranks the Best
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… Read more…
Investing
Morningstar Tells Investors This Metric Is More Important Than Stock Value or Growth
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… Read more…
Retirement
Almost a Third of Americans Believe Social Security Won’t Last: Here Are Three Ways to Get Retirement Income
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… Read more…
Retirement
6 Tips Americans Follow to Maximize Retirement Savings: Are You Keeping Pace?
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. Let’s break down what the survey says… Read more…
Data Studies
Where Hispanics and Latinos Fare Best Economically – 2022 Edition
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 roughly 62 million, according to the Census… Read more…