Author: elghoulam

[ad_1] America’s high school and college students are lagging in terms of basic financial literacy, according to a new study from the SPARK Institute and Corporate Insight Inc. The research, released Friday and intended for annual publication, found that among 956 high school students and 910 college students, many showed limited knowledge of personal financial… Continue reading American Students Score Poorly in Financial Literacy

[ad_1] Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years? I recently attended a retirement seminar at a local community college where the instructor talked about potentially higher tax rates in retirement due to the new RMD age. I have been under the impression throughout my saving career that… Continue reading How Can Tax Rates Be Higher in Retirement Than Your Earning Years?

[ad_1] Portra / Getty Images/iStockphoto GOBankingRates surveyed 1,039 Americans aged 18 and older from across the country in November 2023, asking if they’re planning for any major financial milestones in the upcoming year. While most are looking forward to becoming a homeowner or buying a brand new car, around 11.36% of respondents said they expect… Continue reading Expanding Your Family in 2024? 5 Financial Issues To Consider, According to Experts

[ad_1] retiree works on financial documents The bosses who sponsor retirement investment plans think their employees are well prepared for retirement. However, many of those workers don’t feel the same way. This difference in opinion could cause a disparity on the decision-making side of employee retirement account management. Do you have questions about building a… Continue reading Study Shows Major Differences in How People and Their Employers View Their Retirement Readiness

[ad_1] While toys often top the list for holiday gifts, one of the best gifts a parent can give to their child is to teach them financial literacy. That’s because children whose parents give them opportunities to manage money when they’re young often grow up to be financially responsible. And while it can seem impossible… Continue reading NWI Financial Advisor shares money lessons for kids this holiday season

[ad_1] Advisor’s Corner Money topics are high on Americans’ minds, but they’re rarely discussed in a meaningful way. While investing is a popular party topic, people are more willing to discuss controversial topics such as politics and religion than the inroads they have made in their long-term financial futures. According to 2023 Harris Poll research… Continue reading What to Know About Financial Advisor Fees and Costs | Investing

[ad_1] gpointstudio / Getty Images/iStockphoto As we embark on a brand-new year, it’s tempting to make all kinds of money resolutions (especially after holiday spending leaves a hole in our pockets). But as it turns out, there are some goals that aren’t all that great for our finances. I’m a Financial Advisor: Here’s the No.… Continue reading 6 Money Resolutions That Aren’t Actually Good for Your Finances

[ad_1] Paying a 1% annual fee to a financial advisor for managing a $2 million investment portfolio is pretty typical, but that doesn’t necessarily mean it’s the right amount for every investor. Even small-sounding financial advisor fees can seriously erode long-term returns when compounded over years or decades. A 1% annual fee on a $2… Continue reading I Have $2 Million Invested With My Financial Advisor and Pay a 1% Fee. Am I Paying Too Much?

[ad_1] Our experts answer readers’ investing questions and write unbiased product reviews (here’s how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own. Online financial advisors are more accessible and often cheaper than human advisors who actively manage investment portfolios. Online… Continue reading Best Online Financial Advisors in December 2023