Exchange-traded funds may have exploded in popularity over the last few years, but that surge in popularity has varied greatly by generation. Today’s article notes that boomers have not embraced ETFs to the extent that millennials – or even the oldest generation of investors – have, with one study finding that only 27% of boomers aged 52 to 70 with…
Individual retirement accounts (IRAs) have been growing in importance on household balance sheets, and the author of today’s article notes that this is likely to continue as more and more Boomers roll over their 401(k) assets to IRAs as they retire, and as more people become aware that “some IRAs let you hold just about any kind of asset inside…
“Over the next several decades, baby boomers – the wealthiest and one-time largest generation in U.S. history – will pass down an estimated $30 trillion in assets to their children and grandchildren,” notes the author of today’s article which looks at the considerations this so-called “great wealth transfer” creates for boomers, their heirs and the financial industry itself. The first…
With all the complicated and interconnected questions that individuals nearing retirement must contend with, is it possible that software could provide more individually tailored and holistic answers to these questions (and in a more cost-effective manner) than an adviser? Today’s article outlines how Matt Fellowes, who recently resigned as Chief Innovation Officer at Morningstar Inc., is building a beta version…
“Another ‘niche bull run’ is kicking off right now. And no matter what happens with the broader market, these issues – and their dividends – will roll higher for decades.” Today’s article highlights five companies that are “poised to rake in big business” due to the aging of the massive baby boomer generation, including a drugstore chain giant, an operator…