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More Collective Investment Trusts Being Added to DC Plans
There are now over 3,200 collective investment trusts (CITs) tracked in the Morningstar CIT database, collectively holding nearly $2 trillion according to a recent article that appeared on WealthManagement.com. That’s up from $896 billion in 2008. Callan Associates estimates that 71% of DC include at least one CIT in their plan up from 60% and 52% in 2014 and 2013, respectively Why are CITs becoming more popular? Reasons included... -
Of Baby Boomers, Gen X, Millennials and Gen Z
Interesting facts on America’s generational dynamics from recent WSJ blog: Generational Definitions: Greatest Generation (born before 1928) Silent Generation (born between 1928-1945) Baby Boomers (born between 1946-1964) Generation X (born between (1965-1980) Millennials (born between 1981-1997) Generation Z ( those born after 1997) A few interesting facts on how our population is evolving: Millennials now outnumber baby boomers Generation Z is expected to surpass baby boomers and become the second largest...