Wealth Management

Social Security is a central pillar in retirement security for current retirees and baby boomers. Younger generations are predicting a different outcome. More than 60% of current retirees say their monthly Social Security checks are the primary way they cover their expenses, while just 13% of millennials expect that to be their situation, according to

Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The Iowa Public Employees Retirement System is terminating its relationship with Fisher Investments, pulling $386 million from the asset manager. The Iowa plan, which holds

Jupiterimages | Photolibrary | Getty Images One-quarter of Americans plans to vacation outside the U.S. in the next 18 months, according to a new AAA survey, while 80% have already taken a foreign trip and 2 in 5 — nearly 77 million adults — have rented or used a vehicle while abroad. Sales of international

John Lund | Getty Images Despite the red flags flapping for the economy, many Americans say they’re not financially prepared for the next recession. Two in 5 people say they’re not ready for an economic downturn in the next year, according to a new Bankrate poll. (Some 2,600 people were interviewed at the end of

Hero Images | Getty Images Even if Medicare’s open enrollment period sounds like a big snore fest, you might sleep better next year if you take advantage of it. For the program’s 60 million beneficiaries, that yearly fall window — Oct. 15 through Dec. 7 — offers the chance to make changes that take effect

If retirement legislation now under consideration in Congress becomes law, your 401(k) plan might have a new look. The Secure Act, which passed the House in May and awaits Senate action, includes a provision that would make it easier for companies to include annuities in their retirement plans. And while people may be drawn to

Alliance | Getty Images If you’re thinking of tidying up your balance sheet by taking out a personal loan, consider doing some research first. It could save you thousands of dollars. That’s because the interest rates lenders charge on personal loans can vary significantly, even if you have pristine credit, according to an analysis by

Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The City of Boston is ending its relationship with Fisher Investments, pulling $248 million in pension assets from the firm. Mayor Martin Walsh announced on

Peter Dazeley | Photographer’s Choice | Getty Images Here’s an awkward question for your spouse: Would you be willing to get divorced to save a few dollars? Proposed wealth taxes from presidential candidates Sens. Elizabeth Warren and Bernie Sanders are stirring up chatter around so-called strategic divorce to avoid the levy. The Tax Cuts and

A man fishes in a lake. Twenty20 With some experts warning that $1 million in retirement savings might not even do the trick these days, it’s understandable if you’re kept up at night wondering: Will I have enough? Here’s another question worth asking: How should I spend what I have? A good answer to the