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October 5th, 2018 |
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ASK THE EXPERTS
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Groom Law Group and Cammack
Retirement Group will field your
questions concerning 403(b) plans
and regulations. Email rebecca.moore@strategic-i.com with Subject
Ask the Experts
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Four in Ten Millennials Waiting to Save for RetirementNearly four in 10 young adults, those between the ages of 22 and 35, think saving for retirement can wait, according to a survey by Navient. Instead, they are prioritizing short-term goals, such as home ownership, saving for vacation, paying down debt or building an emergency fund. Thirty-six percent of young adults who are both paying off debt and saving for retirement but who have made paying off debt their No. 1 priority feel “very good” about their financial health, whereas this is only true for 23% of those who have made saving for retirement their No. 1 priority.Read more > | Financial Priorities Differ With Stages in LifeThe Society of Actuaries (SOA) released a series of reports on the financial challenges and retirement perspectives affecting all generations, namely Millennials, Gen Xers, Late Baby Boomers, Early Baby Boomers and members of the Silent Generation. “Millennials in particular should pay off student loans and other debt, so that they can take steps to focus on longer-term issues, such as retirement security,” says Anna Rappaport, with the Society of Actuaries.Read more > | Arnerich Massena Makes Economic Case for ESG InvestingResponsible practices and policies have been shown to serve corporations better in the long run, strengthening their ability to meet the needs of their customers in a sustainable manner.Read more > |
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