Parents and Kids Both Influence the Flow of ‘Modern Money’ |
Shifting attitudes about supporting adult children financially have helped reshape Americans’ thinking about wealth and retirement readiness, according to Ameriprise Financial survey data.
Read more > | | Addressing Participant Longevity With Plan Design and Advice |
Robert Scheinerman, president, AIG Retirement Services, says smart retirement plan design, access to advisers and passage of pending legislation can help Americans have enough money for a 40-year retirement.
Read more > | | Market Mirror | Tuesday, the Dow lost 190.44 points (0.72%) to finish at 26,150.58, the NASDAQ decreased 44.61 points (0.56%) to 7,909.28, and the S&P 500 was down 17.57 points (0.61%) at 2,878.20. The Russell 2000 fell 19.32 points (1.22%) to 1,559.68, and the Wilshire 5000 closed 197.82 points (0.66%) lower at 29,711.08.
The price of the 10-year Treasury note was up 7/32, decreasing its yield to 2.504%, and the price of the 30-year Treasury bond increased 8/32, bringing its yield down to 2.916%.
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