The stock market can feel like a roller coaster — thrilling on the way up and terrifying on the way down. If you’re staring at headlines predicting a crash, it’s natural to worry about your portfolio. After all, no one wants to see their hard-earned retirement savings evaporate overnight. You might be asking yourself if…
Johner Images | Johner Images Royalty-free | Getty Images Protect from ‘sequence of returns risk’ Stock market dips can be most harmful to portfolios during the first five years of retirement, which is the “danger zone,” according to Arnott. If you withdraw money when asset values have fallen, there are fewer funds available to capture…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. When it comes to advisor fees, there are two numbers to keep in mind: 1% and 0.02%. The first is the average fee that financial advisors tend to charge. If you are looking for comprehensive financial management, in general…
I am 58 years old and I work with a private firm in Bangalore. I have invested in equities and equity mutual funds earlier. But now my wife wants us to save a part of our savings with fixed-income and non-risk funds for our retirement. My wife is a housewife and our daughter is in…