All in all, the major asset classes identified have experienced negative returns in about 25 percent to 40 percent of the 120 calendar quarters covering the last 30 years. The more asset classes included in a portfolio, the lower the risk.
The Department of Labors re-proposal of rules that would define who is a fiduciary could end up costing $20 billion to $32 billion in retirement savings.
A poll finds that 37 percent of respondents were embarrassed to admit they had credit card debt and 30 percent were embarrassed to share their credit score.
Sixty-seven percent of TDF investors said they are comfortable deciding how much to invest in their DC plan, compared to 52 percent of non-TDF investors.
There is a movement afoot by retirees to skip retirement in the traditional sense by selling their homes and worldly possessions to go out and see the world.
The greatest obstacles advisors face when it comes to productivity and profitability are trying to do too much, increased administrative burden and procrastination, the survey found.