Leading up to retirement the goal is producing enough income to build a sizable nest egg. Upon retirement the goal shifts to spending what has been built up in such a way that you don’t outlive your nest egg. And while the general rule of thumb has been the 4% rule – that retirees could safely withdraw 4% of their assets each year – there is much debate over whether this rule is still valid today. As such, today’s article outlines several strategies that retirees can use to help ensure their nest egg lasts throughout their lifetime. To find out what these strategies are, CLICK HERE.
When it comes to accumulating that $1 million figure often cited as the recommended amount for a retirement nest egg, the author of today’s article states there are two choices: “Either we can wait nearly half a century…or we can become millionaires faster if we can get a better return.” He proceeds to outline a basket of five funds which – with a 12.8% average annual return – can generate $1 million much faster. To find out what these five funds are – and why this higher return does not necessarily mean higher risk – CLICK HERE.
“Perhaps the best stocks you can buy for your retirement portfolio are dividend stocks with strong long-term growth potential,” acknowledges the author of today’s article, who sees real estate investment trusts as offering some of the best opportunities in this regard despite their poor performance of late due to rising interest rates. Three REITs that the author sees as top picks are highlighted. To find out what these REITs are – including a healthcare REIT that has spun off its riskier assets and a retail REIT that leases to recession- and competition-resistant tenants – CLICK HERE.
“Over the past 10 years a quiet revolution has been transforming the 401(k) landscape,” states the author of today’s article, who notes that employers are increasingly automating decisions relating to these accounts and offering additional services for 401(k) savers. She proceeds to outline five such innovations and how you can take maximum advantage of each – including when you (and your retirement) may be better off – by tens of thousands of dollars – by overriding automatic settings. To read more, CLICK HERE.
From real estate to hedge funds to precious metals and more, at least half a million retirement accounts hold unconventional assets – and today’s article focuses on a new report from the Government Accountability Office which warns that “retirement savers choosing these unconventional assets in self-directed individual retirement accounts and solo 401(k)s face big risks….” How might investing in unconventional assets put the retirement security of individual investors at risk? CLICK HERE to find out what the GAO report has to say.
Of the stock highlighted in today’s article – which the author believes could do for the retirement portfolios of millennials what stocks like Microsoft did for the retirement portfolios of older generations – the author states “While we can’t promise it’s the next Apple, it has a good chance to be.” To find out what this company – operating in the revolutionary “wireless electricity” space – is, why it may be positioned for “the kind of exponential growth capable of solving millennials’ retirement needs”, and for the author’s recommended action to take, CLICK HERE.
Does your estate need a Plan B? The author of today’s article warns that, while the assumption when drawing up a will is that you will pre-decease your heirs, “accidents and crimes can claim several lives in one swoop…Without proper preparation, those kinds of situations can snarl your estate plan, potentially reducing the value of assets you bequeath or putting them in the hands of people you never intended to receive them.” As such, she proceeds to outline several elements you may want to consider in your estate planning – including simultaneous death clauses and the so-called “Titanic” clause. To read more, CLICK HERE.
The ten stocks identified in today’s article may be nice stocks to trade for short-term profit, but you may not want to bet your retirement portfolio on them. Specifically, the author identifies ten stocks that he argues “are more likely to hurt your retirement than help it” as they lack what he sees as the critical feature for retirement stocks: being future proof. To find out what these ten potential retirement ruiners are – and why they may not be as future proof as they may seem – CLICK HERE.
A majority of Americans believe that their children will be worse off financially than they are and, as today’s article notes, this concern appears to have merit in at least one critical respect: Social Security. Specifically, the article looks at the findings of the most recent trustee’s report for Social Security that “almost nobody noticed.” What’s in the report, why is it important, and what does it mean for younger generations? CLICK HERE to find out.
“If you will celebrate your 62nd birthday in 2017 or soon after, you’re in the vanguard of a big change in Social Security,” notes today’s article. That change? The raising of the full retirement age from 66 to 67. The author examines the impact this big change – as well as other tricky Social Security math you may encounter – will have on decisions such as “when to claim Social Security, whether you should work longer, and whether you would benefit from a retirement job.” To read more, CLICK HERE.