Personal finance

Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The Iowa Public Employees Retirement System is terminating its relationship with Fisher Investments, pulling $386 million from the asset manager. The Iowa plan, which holds

Social Security is a central pillar in retirement security for current retirees and baby boomers. Younger generations are predicting a different outcome. More than 60% of current retirees say their monthly Social Security checks are the primary way they cover their expenses, while just 13% of millennials expect that to be their situation, according to

Jupiterimages | Photolibrary | Getty Images One-quarter of Americans plans to vacation outside the U.S. in the next 18 months, according to a new AAA survey, while 80% have already taken a foreign trip and 2 in 5 — nearly 77 million adults — have rented or used a vehicle while abroad. Sales of international

John Lund | Getty Images Despite the red flags flapping for the economy, many Americans say they’re not financially prepared for the next recession. Two in 5 people say they’re not ready for an economic downturn in the next year, according to a new Bankrate poll. (Some 2,600 people were interviewed at the end of

Hero Images | Getty Images Even if Medicare’s open enrollment period sounds like a big snore fest, you might sleep better next year if you take advantage of it. For the program’s 60 million beneficiaries, that yearly fall window — Oct. 15 through Dec. 7 — offers the chance to make changes that take effect

Petri Artturi Asikainen | Getty Images Financial advisors do their best to counsel clients on sound approaches to financial decision making, yet no good wealth manager would claim to have a crystal ball. The only certainty is that no one can predict the future or time the market. Any advisor worth his or her salt

Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The City of Boston is ending its relationship with Fisher Investments, pulling $248 million in pension assets from the firm. Mayor Martin Walsh announced on

Alliance | Getty Images If you’re thinking of tidying up your balance sheet by taking out a personal loan, consider doing some research first. It could save you thousands of dollars. That’s because the interest rates lenders charge on personal loans can vary significantly, even if you have pristine credit, according to an analysis by

JGI/Jamie Grill | Tetra images | Getty Images If you’re like a lot of people, you know you need to save more. Yet actually following through on that goal can be easier said than done. Now, research has found that taking just two additional steps could help turn that intention into a reality. The Chazen

If you’ve settled an arbitration case with your broker at some point, there’s a chance it isn’t showing up in the popular database used by consumers to check financial advisors’ backgrounds. A new report from an investor advocacy group claims that some brokers and brokerages — with the aid of a handful of law firms

A man fishes in a lake. Twenty20 With some experts warning that $1 million in retirement savings might not even do the trick these days, it’s understandable if you’re kept up at night wondering: Will I have enough? Here’s another question worth asking: How should I spend what I have? A good answer to the

Fertnig | E+ | Getty Images When Aaron Shapiro dug through the workplace benefits his mother was entitled to as a 30-year employee at United Healthcare, he noticed a big missed opportunity. The health insurer’s employee stock purchase plan gave her the ability to buy shares at a 15% discount with a feature called a

Terry Vine | DigitalVision | Getty Images No one likes to think about needing long-term care. Yet the reality is that many people will at some point in their life. About 60% of those turning 65 can expect to use some form of long-term care in their lives, according to the U.S. Health and Human

All older Americans, regardless of income, are at risk of financial abuse. Various studies estimate that seniors in the U.S. are scammed out of anywhere from $3 billion to $37 billion a year. Between 2013 and 2017, those over age 70 lost an average of $41,800 to elder financial exploitation, according to an analysis by

My 21-year-old sister, Janna McPartland, has a lot on her mind. Graduating from college. Finding a job. Dire predictions about global warming. The other day, I asked her how she was doing. “The planet is dying,” she said. I was surprised, then, when she showed eagerness recently in starting to save for her retirement. I’d

Airfare. Hotel. Rental car. When planning your next vacation, those are the first things you look to book. Yet there is one more item you may be missing: travel insurance. With prime booking season for holiday travel now getting underway, it could be a good idea to see what options you have. “People usually forget

The state of Michigan has pulled $600 million of its pension fund from wealth management company Fisher Investments after the company’s founder and CEO Ken Fisher made sexist comments at a summit in San Francisco this week. At the Tiburon conference, Fisher compared his wealth management strategy to picking up women for sex, made explicit

 ERproductions Ltd | Getty Images Democratic presidential candidate Bernie Sanders is proposing to wipe out an estimated $81 billion in past-due medical debt. Up to 80 million Americans could be impacted. “People definitely need to have their debt either forgiven or negotiated lower, so they can afford it without a hardship,” said Craig Antico, the

People waited patiently to be among the first to get into the Second Presbyterian Church sale in June. Jill Cornfield | CNBC If you love yard sales as much as you love bargain travel, there’s one Midwestern metropolis that’s a perfect match for you. Indianapolis, population 820,000 or so, boasts a number of the usual

Steve Shepard | Getty Images Most people consider getting in to college a numbers game. However, in the wake of last year’s college admissions scandal, which underscored how much pressure parents and students feel to be accepted into elite universities, admissions directors are quietly turning their attention to something besides test scores. Today, “almost every