Fidelity Q2 Retirement Analysis: Account Balances Rebound, While Auto Enrollment Continues to Drive Positive Savings Behavior

BOSTON–(BUSINESS WIRE)–Fidelity Investments®, one of the most diversified financial services companies with more than $7.0 trillion in client assets, today released its quarterly analysis of retirement savings trends, including account balances, contributions, savings behavior and details on workplace savings plan design. Highlights from Fidelity’s Q2 analysis, which is based on more than 30 million retirement … Continue reading “Fidelity Q2 Retirement Analysis: Account Balances Rebound, While Auto Enrollment Continues to Drive Positive Savings Behavior”

VTIVX: Overview of Vanguard Target Retirement 2045 Fund

The Vanguard Target Retirement 2045 Fund (“VTIVX”) is one of The Vanguard Group’s well-known series of life-cycle funds, also known as target-date funds. Each of these funds targets a specific segment of the mutual fund investor market based on retirement windows. This fund should grow with the typical investor’s need to start with an equity … Continue reading “VTIVX: Overview of Vanguard Target Retirement 2045 Fund”

Retirement Weekly: It’s time to take another look at gold

What role should gold play in a retirement portfolio? That would be an important question at any time but especially now, given gold’s awful performance in recent weeks. Bullion is now down some $200 an ounce since its January high, and more than $700 from its … Continue reading “Retirement Weekly: It’s time to take another look at gold”

Retirement Weekly: Beware conventional wisdom when planning for retirement

If you read a lot about retirement you have no doubt come across established thinking that asks you to follow the so-called 4% rule and to choose a Social Security start date after conducting a break-even analysis. These well-recognized strategies may have problems. Let’s take a … Continue reading “Retirement Weekly: Beware conventional wisdom when planning for retirement”

Outside the Box: Volatility is back. Are your retirement investments ready?

If you’ve watched television or read a newspaper lately, you’ve seen the headlines: Stock market volatility has everyone on the lookout, or Stop this stock market ride. I want to get off! Stocks have been on a roller-coaster in 2018, first surging in January on the heels of tax reform, then plummeting in February on … Continue reading “Outside the Box: Volatility is back. Are your retirement investments ready?”

Civitas Solutions, Inc. Announces Retirement of Operating Group President

BOSTON–(BUSINESS WIRE)–Civitas Solutions, Inc. (NYSE: CIVI) today announced that Redwood Operating Group President David M. Petersen will retire from the Company on September 30, 2018, the last day of the Company’s current fiscal year. Bruce Nardella, Chair of the Board and Chief Executive Officer, stated “On behalf of the Company, its management team and employees, … Continue reading “Civitas Solutions, Inc. Announces Retirement of Operating Group President”

5 Steps to Prepare Your Portfolio for Retirement

During their working years, most people strive to build a portfolio aimed at retirement, but when they actually retire, things change because they now need an in-retirement portfolio. How you build and initially manage your in-retirement portfolio is critical, as the performance of this portfolio over the first 10 years of retirement will likely have a profound … Continue reading “5 Steps to Prepare Your Portfolio for Retirement”

Conrad N. Hilton Foundation Announces Retirement of Ed Cain

LOS ANGELES–(BUSINESS WIRE)–The Conrad N. Hilton Foundation today announced the retirement of Edmund “Ed” Cain, vice president of grant programs, effective December 31, 2018. Cain joined the Foundation in 2006 and led all domestic and international grant program work as well as strategic planning for the organization. “It has been my honor to serve the … Continue reading “Conrad N. Hilton Foundation Announces Retirement of Ed Cain”

Vantis CEO Peter Tedone Announces Retirement

WINDSOR, Conn.–(BUSINESS WIRE)–Longtime CEO of Vantis Life Insurance Company Peter Tedone has announced that he will retire at the end of the year from the company where he has served as President, Chairman and CEO for the past 18 years. Over a 31-year career at Vantis, Tedone, of Simsbury, CT, transformed the company into a … Continue reading “Vantis CEO Peter Tedone Announces Retirement”

The best way to save for retirement may be to not think about it

The good news: Employer-sponsored retirement plans and individual retirement accounts have risen since last year. The bad news: People are still worried about retirement savings, even when they save, and millennials in particular are anxious about their finances (which does not bode well for stashing away money for the future). See: Doing this one thing … Continue reading “The best way to save for retirement may be to not think about it”

Nortech Systems’ CEO Rich Wasielewski Announces His Retirement

MINNEAPOLIS–(BUSINESS WIRE)–Rich Wasielewski, president and CEO of Nortech Systems, Inc. (NASDAQ: NSYS), today announced he will be retiring. Nortech Systems’ board of directors has retained an executive recruitment firm to assist in its national search to identify Wasielewski’s replacement. He will continue to lead the company during the search and subsequent transition period. “Rich has … Continue reading “Nortech Systems’ CEO Rich Wasielewski Announces His Retirement”

Imperial Ginseng Products Ltd. Announces the Retirement of President and Co-Chairman of the Board

VANCOUVER, British Columbia, Aug. 15, 2018 (GLOBE NEWSWIRE) — Imperial Ginseng Products Ltd. (TSX-V:IGP) (“Imperial” or the “Company”) today announced that Mr. Hugh Cartwright has informed the Board of Directors of his intention to retire from his position of President, as well as Co-Chairman and Director of the Board of the Company, effective August 31, … Continue reading “Imperial Ginseng Products Ltd. Announces the Retirement of President and Co-Chairman of the Board”

How to market-time your retirement portfolio

In the “Back to the Future” movie series, the character Biff knows how valuable The Grays Sports Almanac is to his past self. “You see this book? This book tells the future. Tells the results of every major sports event till the end of this century,” he tells his younger self. His younger self is, … Continue reading “How to market-time your retirement portfolio”

Which Fund Share Class is Best for Retirement?

If you’re retired, your new job is to manage your money. One way to do your job well is to make sure you’re getting the best bang for your buck. Mutual funds are a popular investment choice. But like many choices, behind them lie yet even more choices: the different types of share classes, which … Continue reading “Which Fund Share Class is Best for Retirement?”

This is how to have the ‘perfect’ retirement

I recently came across an interesting blog post in which the author described his idea of the perfect retirement. It made me realize that there are more ways than one to define this important phase of life — which may not really be a phase at all. Most people look forward to retirement as a … Continue reading “This is how to have the ‘perfect’ retirement”

Retirement Investment Strategies by Age

Saving and investing for retirement ideally should begin the moment you start working — if not before — and continue well into your career. That said, your investment strategy is not static, and will be different throughout every stage in life. Of course, you should discuss your particular situation with your investment professional, who is … Continue reading “Retirement Investment Strategies by Age”

Raven Industries Announces Executive Retirement

SIOUX FALLS, S.D., Aug. 13, 2018 (GLOBE NEWSWIRE) — Raven Industries (NASDAQ:RAVN) announced today that Janet Matthiesen, Vice President of Human Resources, will retire in April 2019. Throughout her time with the Company, Matthiesen led the successful integration of the company’s HRIS system and implemented several strategic enhancements related to talent management and organizational development. … Continue reading “Raven Industries Announces Executive Retirement”

Student loans after 40: Is your retirement doomed?

Bootsie Martinez has a bachelor’s degree in criminal justice, a master’s degree in writing and a certificate in forensic linguistics. But she wants to learn more, and at 55, is studying for her Ph.D. in forensic linguistics. The scholar was accepted as a teaching assistant, where she receives tuition and health care in exchange for … Continue reading “Student loans after 40: Is your retirement doomed?”

Morris Retirement Advisors Become ‘MRA Advisory Group’ Following Major Rebranding To Reflect Enhanced Range of Financial Services

PARSIPPANY, N.J., Aug. 13, 2018 (GLOBE NEWSWIRE) — A Registered Investment Advisor (RIA) in the New Jersey financial services arena has unveiled a major rebranding, designed to bring the organization forward and better reflect its recent growth and expansion of its comprehensive range of financial advisory services available. Previously known as Morris Retirement Advisors, the … Continue reading “Morris Retirement Advisors Become ‘MRA Advisory Group’ Following Major Rebranding To Reflect Enhanced Range of Financial Services”

Akropolis is Building a Blockchain Solution to Fight the Impending Retirement Crisis

GIBRALTAR / ACCESSWIRE / August 13, 2018 / Akropolis, a blockchain-powered pension infrastructure, is developing a protocol to solve the many problems ailing the global pensions system. The company plans to create a single, transparent global system that increases pension plan mobility, reduces friction and incentivizes pension funds to act in consumers’ best interests. ”The … Continue reading “Akropolis is Building a Blockchain Solution to Fight the Impending Retirement Crisis”