Saving for retirement provides numerous benefits, ensuring financial security and a comfortable lifestyle during your post-working years. Here are some key benefits of saving for retirement:
It's essential to start saving for retirement early to take advantage of the abovementioned benefits. Consult with a Duncan Williams Asset Management financial advisor to determine the best retirement savings strategies and investment options based on your goals, risk tolerance, and personal circumstances.
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While it may seem enticing, it's essential to recognize that a lengthy retirement can have its share of unexpected downsides. Let's explore three potential drawbacks you might have yet to consider, along with strategies to help you prepare for them.
Mixed market U.S. stock indexes started the week on a negative note but shifted in a positive direction on Thursday and Friday. Results varied widely, with the NASDAQ posting a 2.5% total return, the S&P 500 adding 0.3%, and the Dow slipping 1.0%.
While many investors are focused on the timing and severity of the next recession, Jared Franz has turned his focus to longer term questions: What could be the catalysts for a subsequent recovery? And what are some of the implications of that recovery for investor portfolios?