Are You Caught in the Middle?

Many clients today are caught in the “sandwich generation” where they are caring for elderly parents as well as their children. An important thing for these caregivers to remember is to care for themselves! As in the safety discussion on an airplane, you put on your own oxygen mask first. You can’t help anyone else when you don’t have enough oxygen yourself.

Good News for Retirement Savers

Many Americans who rely on financial professionals to manage their investments have long assumed their advisors are providing them with the very best financial advice.

Unfortunately, too often that has not been the case.

Some advisors are obligated to put their clients’ interests first when making financial recommendations, but many others are not.

Don’t Make These 7 IRA Mistakes

The biggest source of wealth for most Americans is their retirement accounts and much of that money is tucked away in Individual Retirement Accounts.

Roughly $7.4 trillion dollars is sitting in Individual Retirement Accounts, which exceeds the $6.8 trillion invested in workplace defined contribution plans such as 401(k) and 403(b) accounts.