Jul 19th, 2018

What to Do If Your Pension Is Frozen or Terminated

The use of pension plans is declining. Many people are navigating what to do with their pension plans as they are frozen or terminated. In 2017, only 16% of the Fortune 500 companies offered a traditional pension plan to employees, compared to 59% in 1998. Among pharmaceutical companies the numbers are much better, with 50% of companies still offering pension plans. The … more »
Jul 13th, 2018

Another company just cut its pension plan — what to do if it happens to you

Avery Dennison AVY, -0.70%  is the latest example of a persistent trend: the death of the pension plan. The labeling and packaging company said on Wednesday it was terminating its pension plan, effective Sept. 28, eight years after first freezing the program. It also said there would be no change in benefits for the 11,200 current participants, although … more »
Jul 7th, 2018

A Bear Market Is Coming — This Is How Investors Can Prepare

It isn’t rosy in all Wall Street research departments. Citigroup analysts are predicting a “full-on bear market” within months based on historical trends, according to a new note by equity strategist Robert Buckland. Here’s how you can protect your portfolio. Assess Your Risk Most everyone will suffer losses in a bear market (short-sellers are winners, of course), … more »
Jun 19th, 2018

3 Ways for Retirees to Protect Their Portfolios In Volatile Stock Markets

Investing for retirement can be tricky by itself. A looming trade war between the U.S. and China doesn’t help to alleviate those pressures. In these volatile times, retirees should talk with their financial advisers to pick the best asset allocation strategy that’s right for them. This can help minimize the harm that markets can inflict … more »
Jun 9th, 2018

How Recent Grads Can Use the Stock Market to Achieve Financial Success

Get in the game, kid. It’s no secret that the financial stability of many recent college graduates is hampered by huge student loans. However, certified financial planners agree that the loans’ low interest rates make it possible for graduates to still take advantage of the stock market. Here’s how. Start Off on the Right Foot … more »
Jun 4th, 2018

Don’t Know Your Mortgage Rate? Here’s Why That’s Bad

Most homebuyers are keenly aware of their mortgage rate—at least at the outset. But it seems that awareness wanes once they get settled in. In fact, according to a recent study by Bankrate, a whopping 29% of homeowners don’t know their current mortgage rate. It’s a mistake that experts say could have serious repercussions. From … more »
Jun 4th, 2018

Nektar Therapeutics Just Lost More Than $6 Billion in Value Because of One Drug

Tough day. The dumping of bio-pharma player Nektar Therapeutics’ (NKTR – Get Report) stock on Monday, which crashed nearly 42%, might have been done so too hastily according to analysts TheStreet talked with. Shares plummeted after investors and Wall Street analysts found Nektar’s mid-stage trial results for its collaborative effort with Bristol-Myers Squibb Co. (BMY … more »
May 30th, 2018

Want your money to last until your dying day? You’re not the only one

Will your savings last until the day you die? For many of us, that depends on a big assumption. Financial advisers help clients plan for retirement by projecting their living expenses up to a certain point. Ideally, they pick the correct age of death. But it’s an educated guess at best. The last thing advisers … more »

Eli Lilly newsletter

Helpful financial information and tips delivered straight to your inbox.
  • This field is for validation purposes and should be left unchanged.