Portfolio rebalancing, how to budget your money, what’s an HSA and who needs one? Preparing for retirement is hard. From personal finance basics to retirement planning and everything in between, we’ve got a few ideas to make life a little simpler. Contact MCF with any questions.
Much has been made of the current state of the American worker as it pertains to their retirement savings. The bleak outlook can largely be attributed to a lack of education when it comes to retirement planning - and more specifically investment allocation. With a growing number of millennials feeling ill-equipped to make investment-related decisions - even within their own retirement plans, the numbers prove that ignorance is not bliss.
Regret aversion is a construct in behavioral finance theory that suggests investing decisions are, at least in part, driven by fear of later regretting a “wrong” choice.
Join Hunter Nighbert, Financial Advisor, as he discusses how to approach investing in uncertain markets
With expanding life spans and increasing retirement costs, it will require serious retirement planning to ensure that your income will last a lifetime. Here are the four essential elements of a sound retirement plan:
This is an introduction to some of the more common investing terms that you may encounter and a brief definition of each: