In today’s article, the author shares some of the investment-related issues that he sees being most commonly misunderstood by those in – or approaching – retirement. Which “all-time classic” retirement funding strategy does he state “unfortunately…has never really worked, at least over any substantial period of time”? Why does he argue that dividends are not income, even if they feel…
With the stock market of the world’s second-largest economy – China – having dropped by more than 20%, what does this mean for retirees in the U.S., who often hold significant positions in non-U.S. stocks? The author of today’s article notes that such a divergence between the U.S. stock market and a leading foreign market is increasingly rare – and…
Homeowners’ equity has climbed to its highest level ever – and yet few retirees are actually tapping their home equity in retirement. The author of today’s article notes that “maintaining home equity throughout retirement isn’t ideal in many situations, especially for older adults with significant housing wealth but dwindling portfolio values. For them, tapping home equity in some fashion…can be…
If you’re a high-income earner, you might think that one popular retirement-saving vehicle – the Roth IRA – is not available to you due to IRS-imposed restrictions on who can contribute to these accounts. One strategy for high-income earners to get around these restrictions is the “backdoor Roth” – and while there has been concern about this strategy, the new…