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Thursday, May 20, 2021
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Get Smarter About Life Expectancy
It can be a fraught and distressing topic of conversation, but an honest assessment of a client’s life expectancy is foundational to building an effective financial plan.
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Advisers Have Their Eyes Keenly Trained on Risk Management
The majority prioritize effective risk management of their clients’ portfolios over generating the highest gains, Allianz found in a survey.
Today’s Most Read
1. DOL Issues Final Retirement Security Rule
2. 69% of Pre-Retirees Say Retirement at 65 Is Not Possible
3. Moving Beyond One-Size Fits All Benefits
Sponsored by Putnam
What separates target-date glide paths?
The difference is more than a simple fixed-income and equity allocation.
Complementary ‘SECURE 2.0’ Legislation Introduced in Senate
The introduction of the Improving Access to Retirement Savings Act could be a key step toward eventual passage of retirement reforms that build on the momentum of the SECURE Act.
Gig Workers and PEPs—Coverage Lessons From the UK
One established provider of pooled employer plans in the United Kingdom says the promise of PEPs is big here in the U.S., but they might not be the ticket for solving the entire coverage gap, especially for gig workers.
Market Mirror Market Mirror Graph

Wednesday, the Dow fell 164.62 points (0.48%) to 33,896.04, the Nasdaq was down 3.90 points (0.03%) at 13,299.74, and the S&P 500 decreased 12.15 points (0.29%) to 4,115.68. The Russell 2000 closed 17.24 points (0.78%) lower at 2,193.64, and the Wilshire 5000 lost 150.49 points (0.35%) to finish at 42,865.53.

The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.679%. The price of the 30-year Treasury bond decreased 25/32, bringing its yield up to 2.375%.

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