Retirement and Investing Expert
Becca Stanek is a graduate of DePauw University. Becca is an experienced writer/editor who serves as a retirement expert for SmartAsset. She's passionate about helping people understand the sometimes daunting ins and outs of personal finance. Becca is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society of American Business Editors and Writers. Her work has also appeared at Time, The Week, Mic and The Washington Monthly. Becca grew up in the Midwest and now lives in New York City.
Posts by Becca Stanek:
For anyone trying to choose a financial advisor, Form ADV is an essential point of reference. Form ADV is paperwork that all financial advisor firms that manage more than $25 million must file with the U.S. Securities and Exchange Commission (SEC). The publicly available paperwork includes dozens of pages of information about a firm, including its fee structure, total assets under management, other business activities, any disciplinary issues on record and more. Read more
A wealth manager is a subset of financial advisor that primarily serves high-net-worth and ultra-high-net-worth individuals – in other words, people with wealth that needs managing. A wealth manager’s role is far more comprehensive than just offering a client investment advice. These financial professionals provide a holistic suite of services that encompasses all parts of a person’s financial life, including both investment management and financial planning, as well as accounting and tax services, retirement planning, estate planning and more. Read more
Are your retirement savings on track? It can be hard to know exactly how much you should have tucked away and by what age. And how do you stack up compared to others? Taking a look at the average 401(k) balance by age can be a good way to see how you’re doing. An employer-sponsored retirement account like a 401(k) is a great option for investing money pre-tax – especially if there’s an employer match. Make sure you’re taking full advantage. Read more
Take billionaire investor Warren Buffett’s advice for how to learn to make good money decisions, and pick up a book. Whether you’re a beginner or a seasoned investor in need of a refresher, reading… Read more
If you’re the victim of identity theft or you think you might be, you may want to consider a credit freeze. A credit freeze blocks new creditors from viewing your credit report. That makes it tougher… Read more