Anticipating unforeseen events that have financial implications is key to getting to and through retirement confidently. But of course, it’s impossible to know exactly what will happen when and at what magnitude. So, what distinguishes prepared investors is that their ability to anticipate contingencies exceeds their reliance on clairvoyance. Our guide can help you get your clients on this path, too.
This month’s reading of the Asset Class Dashboard shows that, while cash is still the only asset class whose most recent 12-month returns fell outside the historical typical range, returns for many asset classes moved higher above their historical averages.
Following several years of strong bond market returns, some market pundits are warning that we are in a bond bubble and that a much less rewarding climate for bond investors is near. At Russell, we disagree.
In the next few days, we could see $85 billion in across-the-board spending cuts that were never intended to actually happen. In our view, the sequester could jeopardize the fragile economic recovery without even making much of a dent in the deficit.
Hoping to win the lottery or inherit a substantial amount of money is not likely to be a successful retirement planning strategy. Advisors know this – and so do engaged investors.
Absent a fiscal cliff-inspired U.S. recession and a Eurozone implosion, Russell’s global strategist team expects moderate U.S. growth and a modest recovery in China against a backdrop of continuing volatility created by Europe in 2013. This central scenario informs their 2013 forecasts – and what all this might mean for investors.
Even though 61% of baby boomers say they’re more afraid of running out of money than they are of dying , 33% of pre-retirees would rather clean their bathroom than spend time planning for their retirement . Luckily, there are simple steps investors can take to become more engaged in their future.