How Rising Interest Rates Affect Your Retirement Plan
The economy in 2022 has set multiple records, first with the highest inflation rate in 40 years, and now with the highest federal reserve interest rates since 2008.[1] The US Federal Reserve has raised interest rates six times in 2022, reaching a total of 3.75% in November to curb rampant inflation.[2] Higher interest rates should […]
Index and Mutual Funds – Key Differences
While an index fund and a mutual fund may appear identical on the surface, there are numerous key differences between them that might be vital to your retirement portfolio. Both index funds and mutual funds diversify assets, and they are typically invested in a basket of stocks that aims to meet certain investment goals. Overview […]
These 5 Risks Affect the Wealthy Retiree More Than You Thought
Having a great deal of wealth to preserve might seem straightforward. However, the quantity and value of assets you have to safeguard create unique difficulties that are specific to their wealth. There are numerous wealth-preservation and investment principles that are applicable to everybody—for instance, establishing a tax policy, assessing a portfolio’s risk exposure, and more—however, […]
