As a generation of Americans grows older, a considerable amount of their personal wealth is transferring to younger family members. In fact, $60 trillion dollars is expected to change hands by 2026.
Robo-advisors have been heralded as the “future of investing” by their fans, but can computer algorithms really replace human financial advisors?
Happy New Year! As a new year begins, you may be thinking on how you can better manage your finances or how to teach your children to do so. Below we have several suggestions on getting your Financial New Year off on the right foot.
There's a fine line between keeping financial records for a reasonable period of time and becoming a pack rat. A general rule of thumb is to keep financial records only as long as necessary. For example, you may want to keep ATM receipts only temporarily, until you've reconciled them with your bank statement.
If you're a parent or grandparent of a college student or soon-to-be college student, you might be interested to learn what's new in the world of higher education.
Often in life, you have investment goals that you hope to reach. Say, for example, you have determined that you would like to have $1 million in your investment portfolio by the time you retire. But will you be able to get there?