| Sponsored message from Wells Fargo Asset Management |
| COVID-19 changed everything. Including how we think about retirement. |
| According to our annual retirement survey, the pandemic has inspired more anxiety among workers planning for the future. Working together, we can help solve this. Let’s reclaim retirement.
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| Part Art, Part Science: Managed Account Due Diligence |
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A managed account program’s fees can be cut in half if it’s selected as a retirement plan’s default investment, although cost is just one of many important due diligence factors.
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| Fear of Retirement Spending Worsened by Pandemic |
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Retired households with less than $200,000 accumulated in a DC plan at retirement tend to spend down only about a quarter of their assets during the first two decades of retirement.
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| Sponsored message from New York Life Investments |
| Balanced retirement portfolios, no matter the balance of power. |
| Perspectives on electing high-yield bonds and other non-core assets.
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| How to Show Your Worth |
| Best practices for navigating today’s ‘out of control’ RFP process.
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| Market Mirror |
| Tuesday, the Dow fell by 222.19 points (0.80%) to 27,463.19, the NASDAQ rose by 72.41 points (0.64%) to reach 11,431.35, and the S&P 500 eked downward by 10.29 points (0.30%) to 3,390.68. The Russell 2000 gave up 14.50 points (0.90%) for a 1,590.71 close, and the Wilshire 5000 was also down, by 90.51 points (0.26%) for a 36,033.06 finish. The price of the 10-year Treasury note was up by 3/32, lowering its yield to 0.777%, and the price of the 30-year Treasury bond was up by 30/32, lowering its yield to 1.562%.
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