Are you over 60 years old? If yes, you may be a prime target for internet criminals. How One Man Lost $740,000 to Scammers Targeting His Retirement Savings By Tara Siegel Bernard, July 29, 2024 For nearly three months, Barry Heitin, a 76-year-old retired lawyer, thought he was part of a government investigation that felt… Continue reading →

Despite political drama, stock market professionals are focused on economic factors rather than election results. What Presidential Election? So Far, the Stock Market Doesn’t Care. Traders appear to be focused on possible Fed rate cuts and corporate earnings, and are remarkably indifferent to political fortunes, our columnist says. By Jeff Sommer, July 19, 2024 With… Continue reading →

Planning for retirement is very personal. Some people prefer to manage their own investments and plans, whereas others would much rather hand over this incredibly important task to a trusted professional. Regardless of which side you are on, there are a number of common mistakes often made by individuals and small business owners, which have… Continue reading →

WSJ Columnist Jason Zweig, as he returns from a lengthy sabbatical, excellently illustrates Rebalance’s tried and true mantra: think long-term and turn off the “noise”. The 401(k) Rollover Mistake That Costs Retirement Savers Billions Much of the money moved into IRAs misses out on market returns By Anne Tergesen, July 22, 2024 Workers miss out on… Continue reading →

Interval funds offer limited liquidity in exchange for investing in less-traded assets. However, these funds often hide high fees, making it essential for investors to assess their true costs and risks. The Fees on These Funds Will Leave You High and Dry One of Wall Street’s most popular trends, many interval funds omit a key… Continue reading →

Charlie Munger, the vice chairman of Berkshire Hathaway, left a significant legacy when he passed away last November, just shy of his 100th birthday. Charlie Munger, along with Warren Buffett, have always invested with the long-term in mind and advocated for investing practices that align with the Rebalance approach. You may want to check out… Continue reading →

  Over half of non-retired Americans have a defined contribution pension plan through their employer (source: Federal Reserve), with the most common types being 401(k) and 403(b) plans. These employer-sponsored plans can be an excellent vehicle for individuals to save on taxes and put money aside to create a secure retirement. Unfortunately, many people in… Continue reading →

Savers maxing out their 401(k) plans are likely to hear about one strategy preached endlessly: open a Roth IRA or get taxed to death in retirement. It can get overblown, but there is a kernel of truth here. Having tax flexibility in your later years is a gift that keeps on giving. That is because… Continue reading →

Elder Abuse Awareness Day highlights the need to protect yourself from financial con artists. Elder Abuse Awareness Day: A commitment to protecting our seniors. June 15 marks an important day on our calendar – Elder Abuse Awareness Day. It is a day for communities worldwide to unite in bringing attention to the challenges and difficulties faced… Continue reading →