When it comes to your retirement income strategy, planning ahead is the best policy. Catch our free webinar all about Social Security and how to count your benefits into retirement income.
Those who managed to save for retirement with smaller account have the most to lose from the status quo and the most to gain from the proposed rule. Too many retirement savers currently pay fees that are too high or are invested in products are not in their best interest. While some high-cost advisers may decide not to serve small accounts under a best interest standard, there are many investment advisers currently serving small savers and small businesses as fiduciaries who can take on more clients, and who offer low-cost high quality advice. This is particularly important to Mainers as our average retirement savings are fairly small.
Search AARP Maine
Sign Up & Stay Connected