Should you trust a 'finfluencer'?
FINANCIAL FOCUS®Should you trust a ‘finfluencer’? In the age of social media, it’s easy to find advice on just about anything — including how to manage your money. Content creators known as “finfluencers” — short for financial influencers — use platforms like TikTok, YouTube and Instagram to share their takes on investing, budgeting and building wealth. Many of them are charismatic and relatable, and they often speak from personal experience. But while their content may be engaging, taking financial
Stress-Test your retirement portfolio in volatile markets.
FINANCIAL FOCUS® Stress-test your retirement portfolio in volatile markets If you're planning to retire within the next few years — or you’ve recently retired — market volatility may feel especially unsettling. After years of saving and planning, you're now entering a stage where your portfolio may shift from growth to providing income. The five-year window before and after your retirement date is especially critical — when market downturns can have an outsized impact on your long-term financial
Is your retirement at risk?
Financial Focus®Is your retirement at risk? It’s important to save for retirement, but only half of Americans have calculated how much money they’ll need, according to the 2024 Retirement Confidence Survey by the Employee Benefit Research Institute. Yet without knowing how much you'll need, it's hard to know if you're on track to reach your goals for retirement. Here are a few considerations to help shape your retirement savings strategy. Calculate how much you’ll
