What To Do If You’ve Left Your 401(k) An Orphan

2017-05-21 19_33_47-Three Gold Bars Against Dark Background · Free Stock PhotoAccording to the Bipartisan Policy Center, there are approximately 25 million orphaned retirement accounts – i.e. accounts left with former employers – in existence today. If one (or more) of these accounts belongs to you, what’s the best way of handling these abandoned funds? Today’s article looks at the pros and cons of three options – keeping the 401(k) with the former employer, rolling it over to an IRA, or rolling it over to a current employer’s plan. To read more, CLICK HERE.

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Can Small-Cap Stocks “Turbocharge” Your Retirement Savings Without Greater Risk?

2017-05-21 19_19_35-Brown Leather Wallet Using Blue Steel Clap · Free Stock PhotoFor diligent retirement savers, the author of today’s article doesn’t see investing in large-cap stocks – with their maturity and predictable cash flows – as being a bad plan. However, for the large segment of Americans who are either behind on saving for retirement (or have no retirement savings at all), he points to small-cap stocks as being “the best way to turbocharge their savings.” But doesn’t the greater risk associated with small-cap stocks outweigh the potential for slightly better returns? The author shows how this is not necessarily the case. To read more, CLICK HERE.

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Are Affluent Retirees Becoming Money Hoarders?

2017-05-21 19_16_31-Free stock photo of beach, champagne, cheerfulRetirement is a time for spending. However, as today’s article highlights, it appears that affluent American retirees are not doing so. Rather, despite having accumulated an unprecedented amount in assets, studies find they are hoarding money. And while some may be doing so for rational reasons (e.g. wanting to leave a sizable inheritance), the primary motivator appears to be an irrational fear of running out of money too soon. Why does it matter if rich retirees are not spending this money – and how can they be trained to spend? CLICK HERE to read more.

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Are These 5 Stocks All You Need For A Lucrative Retirement?

2017-05-13 20_45_10-Free stock photo of boat, boat ferry, buildingsOf all the stocks currently listed on the U.S. market, is a simple basket of just five of them all that is needed for a lucrative retirement? Yes… or at least that is the case the author of today’s article makes. But doesn’t holding just five stocks mean that a portfolio would not be sufficiently diversified? To the contrary, the author argues that “you can create a well-diversified portfolio with just five stocks. In fact, you can create a better diversified portfolio than most of your neighbors have with just those five names.” How – and what are the five investments in question? CLICK HERE to find out.

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Why $1 Million Isn’t What It Used To Be – And Could Leave You Short In Retirement

2017-05-13 20_37_50-Free stock photo of america, bench, coupleThere was a time when a million dollars would have seemed like a mythical amount of money. Today, however, despite the fact that many retirement savers have arbitrarily set $1 million as the amount they need to amass for a secure retirement, many financial advisors caution that a nest egg of this size could still leave people short in retirement. What considerations lead the author of today’s article to state that “while saving $1 million is a huge milestone and something to be proud of, you more than likely will need more cash than that in retirement”? CLICK HERE to find out.

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Will Baby Boomers’ Retirements Destroy The Stock Market?

2017-05-07 12_52_55-Close-up of Coins on Table · Free Stock PhotoWill they or won’t they…destroy the stock market? One theory making the rounds in the investment world is that, as a result of a combination of a mass movement from stocks to bonds and taking required minimum distributions, baby boomers will be huge stock sellers in the coming years, with devastating implications for the stock market. But how likely is this? While the author of today’s article acknowledges that this scenario could very well play out, he puts forward “some possible reasons why the boomers won’t destroy the stock market in the coming years as they retire en masse.” To read more, CLICK HERE.

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ROBS: The Key To Starting A Retirement Business…Or Retirement Robbery?

2017-05-07 12_50_29-Free stock photo of business, composition, dataIf your vision for your retirement includes starting a business, one financing option is a ROBS – a Rollover as Business Startup, where funds from eligible retirement accounts are rolled over and invested into a new business (or used to buy an existing business). One major advantage of a ROBS? There’s no need to get loan approval. But one critical drawback? Your retirement could be at risk. To read more about ROBS – including additional benefits and possible downsides associated with this option – CLICK HERE.

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How The Very Mental Habits That Help You Prepare For Retirement Can Also Harm The Quality Of It

2017-05-07 12_48_11-White Piggy Bank on Brown Wooden Surface · Free Stock PhotoTalk about a double-edged sword: the very mental habits that are advantageous when it comes to saving for retirement and building a nest egg can be harmful once in retirement and spending down that nest egg. The implication of this reversal, according to the author of today’s article? “It can lead to a much less satisfying retirement – one in which people spend too little money and spend it on the wrong things, as well as take on too much investment risk.” What are these habits – and how can they be conquered when they become harmful? CLICK HERE to read more.

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Resist The Herd Mentality…And Other Tips For Achieving Early Retirement From Early Retirees

2017-04-29 18_57_01-Free stock photo of apple, class, conferenceThe best piece of advice for those who want to retire early? “Save early and save often”. But beyond the obvious, today’s article highlights advice for those who want to retire early from people who have actually done so. From resisting the herd mentality, to learning to be content with less, to putting your money to work, CLICK HERE for what those aspiring to early retirement can learn from those who have successfully achieved it.

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