How many of you have read this alarming TIME Magazinearticle? Itanalyzes the findings of the latest annual survey by the Employee BenefitResearch Institute, which has tracked U.S. workers’ retirement readiness for 26years. The most recent results are a decidedly mixed bag.To cut to the chase, the good news is that Americans feelmore confident about their readiness to retire than they’ve felt during thedeepest parts of the Great Recession. The bad news, however, unfortunatelyoverwhelms the good: too many Americans think that simply opening a retirementaccount and contributing something to it will get them over the finish line.While Americans aren’t cluelessly counting on Social Security to bail them outdecades from now, they do seem woefully unprepared to meet a specific financialgoal and match their regular savings and investments towards that targetamount. Many of those surveyed indicate that they’re planning to work longer ornever retire. That may seem like a pragmatic concession to reality, but it’salso not a guarantee failsafe. Many people find themselves forced intoretirement by health issues, pressing needs to care for loved ones, or suddenlylosing their job and not easily landing a new or comparable one.I realize the U.S. retirement crisis feels like adoom-and-gloom topic to many folks. That’s one of the many reasons we launched TradeKing Advisors more than a year ago. We recognize that long-terminvesting, while increasingly crucial for retirement, isn’t everybody’sfavorite thing. Our process is ultra-simple but effective: answer our onlinequestionnaire, and we’ll match you with a professionally managed investmentportfolio that aligns with your risk tolerance, time horizon and goals. We’llautomatically rebalance your assets to keep your investments in sync with yourplan – and we’ll do it all for a very affordable cost. What’s not to like? Andso many of you have responded positively, we’re proud and encouraged to knowwe’re doing some small part to tackle this enormous problem, one investor at atime.Be Good,Don MontanaroCEO, TradeKing Groupwww.tradeking.com
[image: Number 5 Street Falmouth byChristopher Sessums on Flickr]
Investments involve risk, losses may exceed theprincipal invested, and the past performance of a security, industry, sector,market, or financial product does not guarantee future results or returns.TradeKing provides self-directed investors with discount brokerage services,and does not make recommendations or offer investment, financial, legal or taxadvice. You alone are responsible for evaluating the merits and risksassociated with the use of TradeKing's systems, services or products. If youhave additional questions regarding your taxes, please visit IRS.gov or consulta tax professional. TradeKing is unable to provide any tax advice.TradeKing is not affiliated with, does not sponsor, is not sponsored by, doesnot endorse, and is not endorsed by the companies mentioned above or any oftheir affiliated companies.At the time of publication and in the preceding month, TradeKing and/or DonatoMontanaro did not have ownership greater than 1% in any stocks mentioned; didnot have any other actual, material conflict of interest known at the time ofpublication; have not received compensation from a public offering nor frominvestment banking services related to any companies mentioned within the past12 months, nor expect to receive any in the next 3 months; nor engaged inmarket making in the securities mentioned.© 2016 TradeKing Group, Inc. All rights reserved. Securities offered throughTradeKing Securities, LLC, member FINRA and SIPC. TradeKing Group, Inc. is nota broker-dealer.