Personal Finance

Interested in Stock Market Gains? Here’s the Average Stock Portfolio for People in Their 40s

Interested in Stock Market Gains? Here's the Average Stock Portfolio for People in Their 40s

Key Takeaways According to Empower, the average person in their 40s holds about half their portfolio in stocks, with the rest split between cash, alternative investments, and a small amount of bonds. In this age group, experts suggest you have about three times your current income saved for retirement and invest anywhere from 70% to

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Optimize, Grow, Retain: The Power of Annual Client Reviews

A financial adviser meets with clients in a conference room.

For many advisers, annual client reviews can seem like just one more item to check off a lengthy to-do list. But annual client reviews are more than just routine check-ins — they’re a strategic opportunity to deliver value, build trust and uncover new opportunities. For clients, these reviews help ensure their financial plans can remain

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What Beneficiaries Need to Know About the Upcoming Change

What Beneficiaries Need to Know About the Upcoming Change

Key Takeaways Physical Social Security checks will no longer be issued starting Sept. 30. Beneficiaries will only receive electronic payments after the end of the month Advocates warn that changes could confuse beneficiaries or bring inaccessibility. Physical Social Security checks will no longer be issued starting Sept. 30, and it could cause issues for some

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Stock Market Today: Markets Ease as Investors Await Fed's Next Move

Stock Market Today: Markets Ease as Investors Await Fed's Next Move

Data by YCharts The S&P 500 (SNPINDEX: ^GSPC) dipped 0.13% to 6,606.76, the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.07% to 22,333.96, and the Dow Jones Industrial Average (DJINDICES: ^DJI) dropped 0.27% to 45,757.90. The pullback from recent highs reflected growing caution around inflation and labor-market signals just before the Fed’s meeting. Among stock movers, Oracle

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Multiple Fed Cuts May Hit This Fall—But This One Move Can Protect Your Savings

Multiple Fed Cuts May Hit This Fall—But This One Move Can Protect Your Savings

Key Takeaways The U.S. Federal Reserve is expected to deliver its first 2025 rate cut this week, with more cuts likely before year-end—and savings account rates are set to edge lower in response. Opening a CD now can lock in one of today’s high rates for months or even years, keeping some of your earnings

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