The Rule of 72: A Double Take on Your Portfolio

Part of Invesco’s Saving for Life series

The Rule of 72: A Double Take on Your Portfolio

Iconic physicist Albert Einstein is probably best known for E=mc2 — his groundbreaking formula expressing the correlation of energy to matter. But he’s also credited with discovering the Rule of 72, a mental math formula that offers investors a simple way to calculate the future value of an investment that receives compound interest continuously.

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It’s About Time: Springing Forward and Catching up

Part of Invesco’s Retirement Strategies series

It’s About Time: Springing Forward and Catching up

As you almost certainly know by now — unless you’re running late for work — daylight saving time (DST) started yesterday at 2:00 a.m. Like most Americans, you probably scrambled around Sunday morning, adjusting digital clocks and controls, or scrounging around for the directions that tell you how. If you’re really conscientious, you might also have changed smoke detector batteries.  

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Conflict-of-Interest Rule: The White House Weighs in

Part of Invesco’s Legislative Insights series

Conflict-of-Interest Rule: The White House Weighs in

President Barack Obama has officially directed the Department of Labor (DOL) to move ahead with a re-proposal that would raise investment advice standards for brokers handling retirement accounts.

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Fees Pleas: Fiduciary Breach Case May Realign Retirement Plan Advising

Fees Pleas: Fiduciary Breach Case May Realign Retirement Plan Advising

On Feb. 24, the US Supreme Court will hear oral arguments in the Tibble v. Edison International case, one of the first lawsuits brought by employees against their employers for excessive 401(k) fees. The outcome could affect how financial advisors work with their retirement plan clients.

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Time to Review Your New Year’s Resolutions?

Time to Review Your New Year’s Resolutions?

If you’re on track with your New Year’s resolutions, you’re in the minority. According to a 2014 study,1  62% of resolution makers didn’t succeed. The three top reasons included:

•  Setting unrealistic goals (35%).

• Failing to keep track of their progress (33%).

• Forgetting about their resolutions (23%).

But even if you’ve already bailed on budgeting and wobbled on working out, it’s never too late to recommit to fitness — both fiscal and physical.  

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Give and Take: Retirement Provisions in the 2016 Budget Proposal

Give and Take: Retirement Provisions in the 2016 Budget Proposal

As expected, President Barack Obama’s fiscal year 2016 federal budget proposal, released on Feb. 2, includes many retirement-related items. Here’s a brief recap of key retirement provisions.

Automatic IRAs. Any employer that has been in business for at least two years, employs more than 10 workers and doesn’t sponsor a retirement plan would be required to automatically enroll its employees in a payroll-deduction IRA — but workers could opt out. Employers would receive up to a $3,000 as a tax credit.

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