Have you heard of the 4% rule when it comes to retirement? Is there a specific percentage you should take out of your “nest” every year during your retirement? Today’s article discusses whether this rule still applies. Here’s what they had to say, “In short, it’s a guideline that helps retirees determine how much money they should take from their nest egg each year. The goal is to help make sure the money lasts. In other words, if you adhere to the rule and have a nest egg of $500,000, you should limit your withdrawals for living expenses to 4%, or $20,000 a year.” To read more, CLICK HERE.
Today’s article discusses the best ways for retirees to make income through investments. Here’s what they had to say, “Invest your nest egg in a broad range of assets that can provide not just current income but capital growth as well. That way, you can then get the retirement spending money you need not just from interest and dividend payments, but also by periodically selling shares from your investment holdings. You can adopt this more effective, and more balanced, strategy for producing sustainable retirement income by taking these three steps…” To read more, CLICK HERE.
Although the markets fell today, the year as a whole was up. Today’s article reviews the day as well as the year. Here’s what they had to say, “For the year, the S&P has increased 12.6% and the Dow is up 8.5%. Gains have been fueled by an improving economy and better-than-expected corporate earnings. Also lifting stocks is the expectation that the Federal Reserve will continue to take a go-slow approach to raising interest rates.” To read more, CLICK HERE.
Today’s article looks at six stocks that were handpicked by a group of people who may know a thing or two about a good stock. Here’s what they had to say, “We canvassed some of the most successful newsletters for their market outlook and favored stocks. You can get a glimpse of their best picks below, but first, a few disclaimers. All of these newsletter gurus are seasoned pros, so they always suggest a well diversified portfolio — across many names and most sectors — to reduce risk.” To read more, CLICK HERE.
Don’t you wish you could live two stacks of money in a safe somewhere, leave it alone for a bit and come to even more money? Well you can! Today’s article explains five ways money makes…money. Here’s one, “Investors like to say they buy low and sell high. But do they do so regularly? One way to automate this best practice is to rebalance. By setting as specific weight of say, stocks to bonds, you can reset you portfolio periodically to regain the right mix as a percentage. That way, you automatically sell gainers and use the proceeds to buy the relative “losers” in your portfolio. That adds up to real gains over time.” To read more, CLICK HERE.
It is the best of stocks, it is the worst of stocks. Today’s article showcases several of the year’s best and worst stocks. Here’s one of the hot ones, “Under Armour UA -0.3967% took the sportswear world by storm in 2014. The stock is up over 60% since January 1, 2014, a performance worthy of a company that took home both Yahoo Finance’s Company of the Year award and the title of Ad Age’s Marketer of the Year.” Here’s a cold one (unfortunately, I don’t mean a beer!), “Barbie may have met her match in Anna and Elsa. Disney’s princess duo — not to mention longer term trends like computer games — have taken their toll on Mattel MAT 2.774% .” To see them all, CLICK HERE.
Being retired doesn’t mean you stop making money. Today’s article features commentary from contributors to the website about which stocks are best for those in retirement. Here’s one pick, “Microsoft (NASDAQ: MSFT ) stock offers two great things for retirees — market dominance, steady price growth, and generous dividends. Despite claims that Microsoft’s growth has slowed down, its annual revenue improved 118%, and net income rose 80% over the past decade. Over those 10 years, the stock rallied 74%.” To check out all of them, CLICK HERE.
We are officially three days away from Christmas and, you would think, near the end of the shopping season. But there is a whole group of people who haven’t done their shopping, last-minute shoppers. But can those retail going customers save your retail stocks? Here’s what today’s article had to say, “These late shoppers are big spenders, shelling out an average of $770 in the final three weeks of the holidays. Their spending makes up the majority, 57 percent, of total dollars in that time frame. Here’s a breakdown of the late shoppers…” To read more, CLICK HERE.
A retirement crisis can almost seem inevitable nowadays especially if you didn’t know how to save for retirement but today’s article discusses ways to avoid having your very own retirement crisis. Here’s what they said, “Invest wisely. Don’t stop investing in stocks because of a short-term fall in prices. Rebalance your portfolio regularly. Use investment alternatives with the lowest fees. Use index funds and target funds to achieve superior results with low fees.” To read more, CLICK HERE.
Have you started your New Year’s resolutions yet? So maybe quit smoking or lose 10 pounds is on your list but do you have any retirement resolutions? Today’s article features ten that you may want to look into. Here’s one, “Find painless ways to cut expenses. If you are spending too much, the new year is a good time to identify areas to make cuts. “A great way to do that is to itemize your monthly expenses, categorize them as essential and nonessential and make saving an essential line item,” Schwab-Pomerantz says. “Look at 2014, study the buckets of money where you spent and look for areas where you can cut back, so you can increase the saving line item.”” To see them all, CLICK HERE.