We love certainty. Unknowns are frightening. This is why many retirees opt for the guarantees provided by immediate annuities. With guaranteed income streams currently being quoted in the 6 to 7% per year range, the returns sound impressive, but are they?
Despite everything we know about efficient capital markets and all the solid evidence available to guide our rational decisions … we’re still human. We’ve got things going on in our heads that have nothing to do with solid evidence and rational decisions – a brew of chemically generated instincts and emotions that spur us to leap long before we have time to look.
Vanguard is inviting Vestory clients and newsletter subscribers to a special live panel discussion on how taking a total-return approach with your investments can help you achieve their financial goals.
In the wake of Labor Day, you should consider whether your hard-earned money is doing the most for your future. With pensions almost extinct, how can you make your 401k work harder for a better retirement?