Tag: 401k
Let’s get this out of the way first: the vast majority of financial advisers would not take advantage of you. But that doesn’t eliminate the problem of discerning whether an individual adviser can be trusted. About 7 percent of U.S. advisers have misconduct records in civil or regulatory proceedings. If someone draws an unlucky card…
One thing really stood out in a recent study: the deterioration in Hispanics’ retirement prospects since the 2008-2009 recession. Workers’ success at saving for retirement is becoming increasingly important to their financial security in old age. This puts Hispanic households at a clear disadvantage: they earn half as much as white households, which makes it…
