In this Q2 recap:
stocks rise, fall, and then soar, as the Federal Reserves shifts its thinking and new chapters unfold in the ongoing U.S. and China dispute
For the past 20 years, retirement savings rates have tanked.
In 2018, the average savings rate was 6.3% of total income — nowhere near the suggested rate of 15% to 20% that we recommend. These startling numbers contradict with the envisioned daydream of a carefree retirement.
Some small businesses may not be prepared to benchmark processes and continuously look for and reject unacceptable investments and those associated fees.
When interest rates start to climb, will these be the CDs to own? Step-up certificates of deposit (also called rising-rate CDs) are fixed-income investments with a bit of wiggle room.
The Good, the Bad and the Ugly of the SECURE Act