Fidelity says it is surprising too much of cash – do you have too much?

Fidelity says it is surprising too much of cash – do you have too much?

Cash looks like the safest betting for most people. It’s stable, predictable and always there when you need it. However, according to Fidelity research, having too much cash can quietly eradicate your wealth rather than protect. When the interest rates are decreasing and inflation is still in the rise, cash value decreases. While emergencies need … Read more

Is your pension nest an egg taller than average? That’s what people have their 401 (k) and ira at every age

Is your pension nest an egg taller than average? That’s what people have their 401 (k) and ira at every age

If you scroll in your channel, you feel that everyone is using your 401 (K) maximum, inverting your home and buying gold rods for “fun”, you are not alone. However, the latest Fidelity pension report offers a much needed reality check: Most people do not go into early retirement-retirement-they are just trying to stay on … Read more