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| OppenheimerFunds' Kathleen Beichert on What's Driving the Growth of Semi-Custom TDFs? |
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| Vanguard Guide Helps Define Retirement Goals, Risks, and Resources |
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Vanguard analysts have published a new framework to help guide retirees as they set investment goals, define their risk budget, plan for health care expenses, and tackle other challenging tasks.
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| EY Introduces Financial Wellness Service |
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“In creating this new financial wellness platform, we designed a hybrid human/digital approach that engages all users in the way that feels most comfortable to them,” says Kate Barton, EY Americas vice chair of Tax Services.
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| Most Americans Do Not Know How Much Retirement Savings Is Needed |
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This is particularly high among Gen Z (69%), Millennials (64%) and Gen X (66%), a survey found.
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| Market Mirror |
| Wednesday, the Dow lost 218.55 points (0.90%) to finish at 24,189.45, the NASDAQ decreased 25.28 points (0.36%) to 7,069.03, and the S&P 500 was down 14.68 points (0.55%) at 2,642.19. The Russell 2000 was up 3.37 points (0.22%) at 1,546.80, and the Wilshire 5000 closed 103.08 points (0.37%) lower at 27,467.68.
The price of the 10-year Treasury note was up 6/32, decreasing its yield to 2.783%. The price of the 30-year Treasury bond increased 18/32, bringing its yield down to 2.993%.
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