Personal Finance

Still, “don’t count on working longer to solve a shortfall caused by your not saving enough,” said Stuart Ritter, a senior financial planner at T. Rowe Price. “Working longer feels more like a contingency than a strategy. The reality is most people want to retire as soon as they can.” For those nearing retirement, Ritter
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In April, the SEC said it planned to propose a best-interest standard for investment advisers and broker-dealers that make recommendations to retail investors. The agency also opened the proposal up for a 90-day comment period. The Securities Industry and Financial Markets Association, a trade group that represents banks and asset management and securities firms, praised
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Young people today have weathered the Great Recession, the birth of the smartphone and the aftereffects of globalization. And their attitudes toward work reflect those experiences, according to new research by the National Society of High School Scholars, an international academic honor association. Some 16,000 high-achieving college and high school students were interviewed this spring.
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