Financial Tools Address Retirement Shortfalls and Investment Strategies
- Reports
- 17
- Developments
- 6
- Repetition
- 82%
New informationRepeats or wire copies
What happened
SmartAsset provides financial advice tools for retirement planning, which integrate parameters related to Social Security and utilize information from the Bureau of Labor Statistics. Reports show that these tools help users model retirement income, noting that Social Security benefits have lost 14% of their buying power since 2016. Furthermore, the tools connect users with vetted financial advisors to assist with investment choices.
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Why it matters
The tools address growing financial concerns regarding retirement security, such as the failure of Cost-of-Living Adjustments to keep pace with inflation. They also provide guidance on investment strategies, such as using a portfolio split between SCHD and JEPI to target specific monthly distributions.
Who's involved
- SmartAssetAmerican financial technology company providing retirement planning tools
- Social SecurityGovernment agency whose benefits are integrated into financial planning models
- Bureau of Labor StatisticsUS government agency whose information informs financial planning services
- Internal Revenue ServiceUS federal government revenue service whose tax rules inform financial planning tools
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SmartAssetSpeculative
SmartAsset might see increased demand for its advisor matching service as users seek guidance on retirement planning.
- InvescoSpeculative
Invesco could see changes in demand for specific growth ETFs based on shifts in investment strategies.
How it developed
Newest first. Tap a step to see who reported it.- SmartAsset uses its tools to help Retirement Planning Group LLC model retirement sustainability using various withdrawal rates.Sub-event
SmartAsset expanded its offerings to include low-cost growth ETFs for 401(k) funds.1 source
- BLS data informs SmartAsset's financial advice tool.Sub-event
- Financial planning tools are being used to match advisors for retirement planning, with state tax policy impacting dividend income for companies like P&G, J&J, and NextEra in Pennsylvania.Sub-event
SmartAsset offers vetted financial advice tools for retirement planning.1 source
SmartAsset tools are being used to match users, specifically relating to Roth 401 plans.1 source
Keep exploring
The entities involved
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SmartAsset
American financial technology company
Related events
- SmartAsset offers financial planning tools specifically designed for Medicare beneficiaries.
- SmartAsset provides financial planning tools regarding Social Security reliance.
- The event covers financial advisory services for retirement planning and research on the financial fallout of gray divorce.
- SmartAsset is offering retirement planning services, and Webull released its earnings report detailing crypto and options revenue.
- SmartAsset is offering financial planning services tailored for residents of Texas.
Coverage
Newest first; wire copies grouped- yahoo.com
- yahoo.com
- aol.com
- yahoo.com
- yahoo.com
- yahoo.com
- yahoo.com
- yahoo.com
- yahoo.com
- yahoo.com
- yahoo.com
- aol.com
- aol.com
- moneytalksnews.com