HAHN: Adjust your saving, spending to narrow retirement gap
I think boarding a train is an apt metaphor for retirement. We leave the comfort and confines of the known and step willingly unto an unknown future with many possible destinations.
I think boarding a train is an apt metaphor for retirement. We leave the comfort and confines of the known and step willingly unto an unknown future with many possible destinations.
Closed-end funds are often actively managed, tend to have a narrow investment focus, use illiquid or thinly traded investments, and are structured to provide income.
Funding a college education is an investment and, as with any investment, there should be a positive return.
Even though Congress eliminated some Social Security planning strategies, maximizing lifetime Social Security benefits still can be tricky.
Many investors just pick a fund, or use the 401(k) default, and hope for the best. Understanding the terminology and approach of target-date funds will help minimize investment surprises.
Today, investors are increasingly interested in aligning their investment strategy with their values. While this is not a new style, it is growing in popularity.