The world of 50 years ago was a lot different than it is today. An individual often worked at the same job all his or her adult life, lived in the same house, and stayed married to the same spouse. In those days, too, one spouse could support a family, paying for college ordinarily didn’t require taking out a second mortgage, and people could look forward to retiring on Social Security and possibly a company pension.
In this summer’s issue of VESTED, we address reader questions about new regulations from the Department of Labor affecting financial advisors, gifting via qualified charitable distributions, and stock market behavior in election years.
Making smart money decisions before and during retirement can help protect your nest egg for years to come.
Accumulating a substantial nest egg for your retirement years may seem overwhelming, but there are smart ways to plan for retirement at every age, says Eric Freedman, chief investment officer for CAPTRUST.
When it comes to saving and investing for retirement, there may be a quiet battle of the sexes going on in many households.
Saving and investing for retirement is a marathon, not a sprint. You have to plan for it, work at it and, if possible, get help from investment professionals.