Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

detroit skyline long term

News

Detroit Pension Cuts a Stark Reminder Why Long-Term Investing Matters

Jul 22, 2014

As if the news couldn’t get any bleaker for those Detroit pension retirees, a vote last night (approved by the retirees themselves) means that a pension settlement has been reached. The news is bleak is because the result forces retirees to take a 4.5% pay cut, and worse still, they will see a loss of annual inflation adjustments.

Inflation Costs


Whether you work in a union, in corporate America, in small business, or even own your own business, the financial future is never guaranteed so once you understand the potential potholes that most of us face, the importance of investing early and often takes center stage.


Plan Ahead



The Bottom Line


Download Our Free Report

Why 30 trillion is invested in mutual funds book