Wealth Management
Top editor picks, summarized for you
8/27/2015

Money market fund companies, after suffering several years of declining revenue, are starting to hike fees. The ratio of all money market funds was an average 0.13% in the second quarter, up from a historic low of 0.11% in the three prior quarters, according to data from research firm iMoneyNet.

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Reuters
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iMoneyNet
8/27/2015

Early retirement sounds like a dream for some people, but it can be even better than expected, David Ning writes. Early retirees often feel healthier, have more time to seek out bargains and sometimes discover a way to make money from new activities, Ning writes.

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David Ning
8/27/2015

More than 80% of recent retirees started claiming Social Security benefits before their full retirement age, a Nationwide Retirement Institute survey says. About a quarter of that group said they claimed early because they fear Social Security's funding will run out, while others said they were prodded by a need for money, health problems or a job loss.

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CNBC
8/27/2015

Retirement-plan participants know they need to save more money, but 35% aren't doing so because they don't want to sacrifice quality of life, a survey from Schwab Retirement Plan Services says. Another 31% blame unexpected expenses, 31% cite regular monthly bills, 24% say they're paying down credit card debt and 22% say they're prioritizing saving for education.

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BenefitsPro.com
8/27/2015

Four-fifths of workers with access to a workplace retirement plan participate in it, but 58% also save for retirement with an outside account, the Transamerica Center for Retirement Studies says. The benefits include tax diversity, funding for short-term goals and more investment options.

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CNBC
8/27/2015

Americans who are nearing retirement should be sure they've rounded out their plans, such as devising a Social Security claiming strategy, planning for long-term-care insurance and thinking about how they'll occupy their days, Martha White writes.

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Time.com
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Martha White, Social Security
8/27/2015

Research from the advice industry took a new turn recently, offering up a wealth of material designed to place the recent stock market volatility in better context. The goal is to ease client worries. Leon LaBrecque of LJPR Financial Advisors used the Broken Clock Syndrome to explain recent events.

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PlanAdviser.com
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stock market
8/27/2015

Research from SEI and Scorpio Partnership notes a huge gap between what the wealthiest investors want financially and the steps they take to achieve their goals. The report makes clear that these investors would have a better chance of success if they were to form relationships with advisors, which many have yet to do.

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ThinkAdvisor
8/27/2015

A key indicator of where stock market investors are putting their money suggests that fear in the financial markets hasn't driven down equity prices enough to bring many stock buyers back into the market looking for bargains. Only 15% of New York Stock Exchange stocks are trading above their 200-day rolling averages, well above the figures after the 2011 correction and the 2002 and 2008 bear markets.

8/27/2015

Investors are increasingly seeking advisory firms that do tax planning. Offering the service to give a firm a leg up isn't hard, says Robert Zyzo of Choice Advisors.