Advisors

vitapix | E+ | Getty Images It can be tricky figuring out how much income your retirement savings actually could deliver in your golden years. That may now become easier. As mandated in the 2019 Secure Act, 401(k) plan administrators will start providing illustrations on quarterly or annual statements showing an estimate of how much

Hispanolistic | E+ | Getty Images Remarrying can come with a renewed sense of joy — as well as financial baggage that wasn’t there the first time around. Whether your previous relationship ended due to divorce or death of your spouse, there’s a good chance you or your new partner — if not both of

vgajic | E+ | Getty Images Women get paid less than men. In fact, it’s been well documented that, worldwide, women make only 77 cents for every dollar earned by men. Less well-known, and partially a result of that very pay gap, is the pension gulf between men and women. The gender gap in pensions

Anchiy | E+ | Getty Images Middle-class U.S. households have limited financial assets and may face retirement insecurity, according to an analysis from the National Institute on Retirement Security, a non-profit, non-partisan research and education organization. The study looked at financial assets by generation, net worth and race, based on data from the Federal Reserve’s Survey of Consumer

zimmytws | iStock | Getty Images  A Social Security reform bill popular with House Democrats is getting reintroduced in Congress. This time, it features some changes aimed at attracting more support from Republicans across the aisle. The bill, known as the Social Security 2100 Act, is being brought forward by Rep. John Larson, D-Conn., who

Luis Alvarez | DigitalVision | Getty Images After some 18 months of remote work, more and more companies are bringing their employees back into the office. Many workers have mixed and complicated feelings about the change. “Returning back to the office may feel like culture shock,” said Debra Kaplan, a therapist in Tucson, Arizona. Adding

Most Americans see college as excessively expensive, but it wasn’t always that way. Over the last decade, the cost of attending a four-year public college or university has grown significantly faster than income. Deep cuts in state funding for higher education contributed to substantial tuition increases and pushed more of the costs of college onto students, according

Shoppers at a New York supermarket on Aug. 11, 2021. Wang Ying | Xinhua News Agency | Getty Images One looming question for the U.S. economy is how long inflation is here to stay. Based on recent government data, there is good reason for asking. The Consumer Price Index, which measures the average change over

Getty Images There’s a growing emphasis on psychology in financial planning — merging traditional advice with elements of behavioral finance — as advisors explore ways to strengthen client relationships. But it’s always been important, according to firms on CNBC’s annual FA 100 list. Many advisors say there’s a demand for psychology in financial planning expertise,

MoMo Productions | DigitalVision | Getty Images Exchange-traded funds are often associated with passive strategies. But money has also poured into the actively managed version of ETFs, as investors crave more precision, experts say. While passively managed ETFs aim to replicate an index, such as the S&P 500, active managers are more hands-on, trying to

Paul Taylor | Getty Images It’s maybe the most human question there is: What’s going to happen next? We all want to know where we’re going, what bad will befall us, what good turns our lives may take. When it comes to our money, these questions feel especially high-stakes. What if that investment decision backfires?

Hinterhaus Productions Women gave birth to fewer children during the Covid-19 pandemic. If these low U.S. birth rates continue, it could have a lasting economic impact, including retirement and Social Security benefits. The total fertility rate has been declining for years. In 1964, women of childbearing age had an average of 3.2 children. By 1974,

Ariel Skelley | DigitalVision | Getty Images If you’re remodeling your kitchen, you probably turn to a licensed contractor. Planning an expensive European vacation or Hawaiian honeymoon? You may very well have a travel agent handle the booking. So, why, when planning your financial future, wouldn’t you seek out professional help? It’s common sense. Yet

seksan Mongkhonkhamsao | Moment | Getty Images It’s a question millions of Americans would love the chance to ask: What should I do after my student loans are canceled? The Biden administration has already given more than 450,000 borrowers reason to think about that, after forgiving the debt for certain disabled borrowers and others who

The pandemic has been a financial wake-up call for many and it has caused them to rethink their plans around work and retirement.  In a recent report, 36%, of Americans said that they will never have enough money to be able to retire. Even more — roughly 41% — said their ability to be financially secure in

Drazen Zigic | iStock | Getty Images For financial advisors, the focus is often on growing their business, not passing it on to new owners. However, succession planning should be a key consideration in running a financial advisory firm, experts say. Yet research shows that most firms don’t have a plan in place  — which

Thomas Barwick | DigitalVision | Getty Images The financial advisory industry continues to struggle with efforts to boost diversity, though more firms seem to be emphasizing the issue in their recent recruiting, according to top firms on CNBC’s annual FA 100 ranking.    The profession has long been one dominated by white men. For example,

dowell | Moment | Getty Images CNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ database of registered investment advisors. This analysis started with an initial list of

Westend61 | Westend61 | Getty Images Let’s be honest: Making personal financial decisions can be challenging. There’s a variety of investment options, all of which carry some form of risk. And, of course, there are many types of retirement plans to choose from, each with their own set of tax consequences. The seemingly endless amount

Finding the right financial advisor to help with your financial needs and goals can be complicated. There are so many things to consider. Every financial advisor has his or her own area of expertise. The services provided by financial advisors will vary based on the type of advisor, but overall, a financial advisor will assess