“Once you’ve won the game, what’s the point of still playing?” asks the author of today’s article. If you amass the amount of money that you believe you need in order to live comfortably for the rest of your life, should you quit the stock market (and avoid the risk of losing money)? While the financial media tend to focus on how many Americans have not saved nearly enough for retirement, many are hitting their target numbers – and the author has some thoughts on how they may want to proceed vis-à-vis stocks. CLICK HERE.
When it comes to investing for a retirement that could last decades, the author of today’s article states that “you need to invest in a way that has a documented history of success in a variety of different scenarios….choosing the wrong strategy could actually lead to portfolio depletion before your retirement ends.” He proceeds to outline how some of the more common (and seemingly smart) retirement strategies (such as loading up one’s portfolio with popular blue-chip and/or dividend stocks) could result in this undesired outcome – and identifies what may be “the best and most sustainable approach for retirement success.” CLICK HERE.
When it comes to all the interconnected pieces of successful retirement planning (taxes, Social Security, health care, etcetera), the author of today’s article points out that, ultimately, everything goes back to one fundamental question: How much money do I need to retire? Unfortunately, when it comes to answering this question, there are a number of misconceptions that people are prone to – and the author outlines three such misconceptions “that outrank all the others” (and which threaten one’s freedom, comfort, and peace of mind in retirement). CLICK HERE.
Half of retirees don’t need to worry about it at all. Others will have no way of avoiding it. And more and more retirees will fall victim to it in the coming years. It’s the ‘tax torpedo’, which the author of today’s article explains is “a name given to the unexpected way that Social Security can get taxed, depending on how much other income you have.” For more on the tax torpedo – including when it typically hits, why any action to keep it at bay needs to be initiated years in advance, and how exactly you can go about doing so – CLICK HERE.
The GOP’s new tax bill – the Tax Cuts and Jobs Act (TCJA) – is far from a done deal (see the GOP’s failure on healthcare reform). Still, the author of today’s article advises that “those living in retirement and saving for retirement should start to review their sources of income, their expenses, prior tax returns, and conduct what-if analyses to learn how the TCJA might affect them personally.” So what do those currently in retirement – and those currently saving and investing for retirement – need to know about the bill’s provisions? CLICK HERE.
The three stocks highlighted in today’s article offer above-average dividend yields (and the potential for years of continued dividend growth) as well as strong prospects for long-term returns, as each of the companies in question is a leader in its respective industry. As a result, the authors believe these three stocks are ideal picks for helping to build a retirement nest egg. To find out what these stocks are – a branded-food products leader, an oil and natural gas midstream leader, and a healthcare REIT leader – CLICK HERE.
“REITs are your ally in retirement,” advises the author of today’s article – and, in fact, a report from last year noted that real estate investment trusts have a “dramatic” effect on retirement portfolios. As such, the author proceeds to highlight five REITs that may be particularly attractive picks, as each offers the prospect of both income and growth for years to come. To find out what these REITs are – including a self-storage REIT and an upscale hotel REIT – CLICK HERE.
When it comes to retirement planning for a single person (as opposed to retirement planning for a couple), the author of today’s article notes that, while the basic principles are the same for both situations, there are two critical differences when it comes to the implementation of those principles. What are these two critical differences – and what are their implications when it comes to planning for a retirement for one? CLICK HERE.