Three things happened around the time that the last two bear markets began: the 2-to-10-year part of the yield curve inverted briefly, the Federal Reserve cut interest rates for the first time in years, and the S&P 500 peaked in value, before plummeting from that peak. Sound familiar? However, while recession worries are mounting, the author of today’s article argues that a recession won’t necessarily wreck the retirements of those who are recently retired or nearing retirement – but something else might. For more, CLICK HERE.
A financially secure retirement requires making a number of critical decisions – and if you want to ensure that you make the right decisions at the right time, the author of today’s article advises that you think of retirement as consisting of four phases, with Phase No.1 beginning at age 55. From opening a Roth IRA to buying long-term care insurance to Social Security and Medicare planning to purchasing an annuity, which decisions are best made in which retirement phase? For the author’s roadmap, CLICK HERE.
Today’s article contains some good news and some bad news for retirees whose portfolios suffer substantial losses (such as the 17% loss incurred by one of the model portfolios from a top-performing newsletter over the first six months of this year). The good news? Even the worst performers are likely to eventually recover their losses. The bad news, however, has to do with how long eventually might be – and what that means for retirees’ standard of living. For more, CLICK HERE.
Among the three stocks highlighted in today’s article as being strong candidates for a spot in your retirement portfolio is a stock that seems to possess everything a retiree could possibly want in a stock: a generous dividend, stability, a discounted share price and a respectable rate of earnings growth. For the stock in question – and the two other dividend-paying stocks singled out by the authors as potentially deserving spots in your retirement portfolio – CLICK HERE.
Portfolio rebalancing is something that retirees should do on a regular basis in order to boost returns…right? Not necessarily, it turns out – despite this being common practice and conventional wisdom. The author of today’s article highlights a new, exhaustive study on rebalancing which “found that rebalancing improves performance only if the markets behaving in certain specific ways.” For more – including when regular rebalancing can really cost you and some modified rebalancing strategies to consider – CLICK HERE.
The FIRE (Financial Independence/Retire Early) movement ignites feelings of skepticism in many. And “skepticism” might be putting it mildly. As the author of today’s article observes, “it seems that some just can’t help hating on FIRE. They claim few can save the amounts of money needed to retire on time, let alone early. They complain about the return assumptions used in early retirement calculations. And they proclaim that a FIRE lifestyle is just plain boring.” For FIRE skeptics and critics, he proceeds to identify – and attempts to dispel – some of the most pernicious myths surrounding the movement. For more, CLICK HERE.
If someone saves nothing for retirement, enjoys their hard-earned money during their working years, and then unexpectedly inherits a windfall at age 60, was not saving a good decision? Conversely, if someone saves diligently for retirement, lives frugally during their working years, and then dies suddenly from a heart attack at age 60, was saving a bad decision? This type of thinking, the author of today’s article explains, reflects the concept of “resulting” – and he warns that “In personal finance and investing, resulting is dangerous.” For more on resulting and the danger it poses, CLICK HERE.
The author of today’s article – who is fortunate enough to have a pension – is concerned about the majority of Americans (including his own children) who are not so fortunate, and who will have to rely on Social Security and their investments to fund their retirements. His fear? “Even if these folks are saving regularly, they don’t really understand how to invest or how to manage their nest egg once retired.” He proceeds to outline everything involved in making a pension-less retirement work. For more, CLICK HERE.
There was a time when people didn’t worry about retirement, because there was no such thing. Rather, with significantly shorter life expectancies, most people worked until they died. As the author of today’s article notes, “The average American now retires at age 62 while 100 years ago, the average American died at age 51” – and this development has some critical investor and market implications. For more – including the biggest risk retirees face, whether the baby boomer retirement wave could crash the markets, and “two simple solutions that can make your money go further to take advantage of the fact that people are living longer” – CLICK HERE.
When it comes to identifying the “best” retirement locations, the author of today’s article acknowledges that “the best place to retire will ultimately depend on the retiree”. Still, there are some key factors relevant to all retirees, including housing costs, tax rates and health care. As such, the author proceeds to highlight what may be nine of the smartest retirement locations in the U.S., most of which “have a moderate to low cost of living, and all are located in states that exempt all or a portion of retirement income from taxes, with the exception of one.” For more, CLICK HERE.