Reported about 19 hours ago
BlackRock has announced the launch of a private equity target-date fund aimed at boosting retirement savings by an estimated 15% over 40 years. However, experts raise concerns about the increased risks and fees associated with these investments compared to traditional index funds. Additionally, updates from the Social Security Administration reveal reduced transparency on service metrics, complicating access for older Americans. As market volatility increases, nearly half of Americans express apprehension about investing, emphasizing the need for effective risk management in retirement planning.
Source: YAHOO