Improve Your Financial Advisory Business by Helping Retirees with Their No. 1 Retirement Risk Retirees often have a distorted view of the risks they face during retirement, as shown by a recent study from the Center for Retirement Research at Boston College. The analysis highlights the disparity between perceived and objective retirement risks. Advisors can …
The Powerball jackpot reached a staggering $1.2 billion on October 3, 2023, making it the third-largest prize in the history of the game. Scott Olson | Getty The Powerball jackpot has soared to an estimated $1.2 billion, claiming its spot as the third-largest prize ever offered in the game’s history. Monday night’s drawing failed to …
Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters As home prices rise to record highs and mortgage interest rates soar, homeownership has become increasingly unaffordable. According to experts, hidden costs can surprise first-time buyers. Aside from the typical mortgage payment, the average homeowner spends $14,155 per year on …
Spencer Platt | Getty Images News | Getty Images Wells Fargo has returned $40 million to nearly 11,000 customers who were overcharged for investment advice fees over a period of several years, according to a statement by the Securities and Exchange Commission (SEC) on Friday. In addition, the bank has agreed to pay a $35 …
Downtown Los Angeles. TheCrimsonRibbon | Getty Images 5 U.S. metro areas with highest monthly rents These U.S. metropolitan real estate markets had the highest median single-family monthly rents during the second quarter of 2023: Los Angeles; Long Beach, California; Anaheim, California: $4,984 San Diego; Carlsbad, California: $4,862 Naples, Florida; Immokalee, Florida; Marco Island, Florida: $4,821 …
Prostock-Studio | Istock | Getty Images When it comes to your 401(k), one of the important decisions you need to make is whether to make pretax or Roth contributions. However, experts say that this choice can be complicated. Pretax 401(k) contributions can lower your adjusted gross income, but you will owe taxes on the growth …
Charles Schwab Corp. is the largest publicly traded brokerage business in the United States with $7.5 trillion of client assets. It is also a leading financial service provider for advisors, a top asset manager for exchange-traded funds, and one of the largest banks. According to Michael Wong, the Director of North American Equity Research and …