Investors have more responsibility than ever for achieving their financial goals.
Coporate pension plans are dwindling like polar ice caps. Social Security is expected to replace less and less of the income a retiree earned while working. The result: More workers have had to fend for themselves by setting up their own retirement accounts or participating in the retirement accounts offered by employers, such as 401(k) plans.
Yet many investors lack essential knowledge about the principles of investing, the role of stocks and bonds, the stock market, and the value of diversifying one’s assets.
The 2017 Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud is just one of our publications that can help.
Texas' senior population is booming: Three of the Lone Star state's metropolitan areas recently ranked in the Top 10 U.S. metro areas with the fastest-growing senior populations. And as the state's senior population grows, so does the risk of investment fraud being perpetrated on older Texans.
Many seniors, of course, can ably manage their family finances. However, there is no denying the research showing that as people age they have more difficulty handling complex financial tasks such as managing their retirement funds. The risk of fraud is compounded by the fact that persons who suffer from some degree of cognitive impairment don’t fully grasp the decline of their decision-making abilities.
Saluting the Military With Financial Guidance
Salute to Smart Investing covers the "basic training" for budgeting, saving, and credit; the basics of saving and investing; balancing risk and reward; retirement planning; and recognizing inappropriate investments.
Investor Education for Students — and Their Teachers
The Basics of Saving and Investing: Investor Education 2020 is a Texas Education Agency-approved program for the classroom that includes a curriculum guide for teachers. Unlike some other TEA-approved guides, Basics of Saving and Investing has no corporate affiliation, having been developed by the nonprofit Investor Protection Trust.
For teachers who want to learn more about making and managing their own investments, The Value of Investing for Teachers is a primer on the basics of investing, written specifically for school district employees. Since most school districts do not participate in Social Security, employees must depend on the Teacher Retirement System pension fund and their own retirement savings for a secure retirement.