As the United States nears the end of the debt ceiling, Dave Boniface fielded calls and emails from older clients. “The anxiety is mounting pretty quickly,” says Boniface, a financial adviser at Legacy Capital, a subsidiary of LPL Financial, in Forest Lake, Minnesota. Pensioners are worried about how the economy will evolve if lawmakers fail … Read more
An infamous 1994 poll found that 46% of young Americans believed in UFOs, while only 25% believed they would receive their Social Security benefits. Fast forward nearly 30 years, and nearly three in four Americans (74%) say they do not rely on Social Security benefits when planning their retirement income, according to recent research by … Read more
The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. When Ange Matthews started her first full-time position as an associate recruiter in 2007, she earned $40,000. After … Read more
One of the biggest differences between most investors and a family office with millions in assets is the latter’s ability to take on more risk, often by putting more money into longer-term investments and fewer liquids. A Goldman Sachs survey of its wealthiest families last January – and recently released – found that 44% of … Read more
Over the years that Pam Krueger hosted MoneyTrack on PBS, listeners constantly told her they were so afraid of going to see a financial planner that they categorized it as going to the dentist or seeing a divorce lawyer. “They are so intimidated in that first meeting. They feel like they’re going to be judged, … Read more
Posted: May 19, 2023 2:05 PM ET My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails … Read more
My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails and documents they sent me a check … Read more
