The Great Recession Was Devastating To Retirement Savings – But This Common Occurrence Can Be Almost As Destructive

2018-07-16 07_47_59-40+ Amazing Risk Photos · Pexels · Free Stock PhotosThe Great Recession of 2007-2009 devastated many Americans’ retirement savings – and a new study finds that an experience many Americans face can be almost as devastating: divorce. Specifically, researchers found that “Divorce pushes up an individual’s retirement risk by 7 percentage points, [while] the 2008 financial crisis added 9 points.” What are the numerous reasons the authors of the study outline for why divorce has such a destructive effect on retirement savings – and what are some retirement savings advantages to divorce? CLICK HERE.

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Why Picking Investments For Retirement Is A Separate Skill – And Some Safe Choices To Consider

2018-07-16 07_43_08-Morguefile.com free photographs for commercial useRetirement investments are different – or, as the author of today’s article puts it, “Picking safe investments for retirement is a skill separate from making money in stocks, real estate, and other investment vehicles.” Given this, he proceeds to outline a number of options available when it comes to picking safe investments for retirement. For more – including a list of companies with some of the most secure dividends – CLICK HERE.

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A Year-By-Year Plan To Navigate Retirement’s “Fragile Decade”

2018-07-11 20_20_41-WindowThe five years or so before retirement – and the moves you make during those years – can be critical when it comes to what kind of retirement you end up having. As today’s article notes, this has led some to refer to these years as ‘the fragile decade’, “because your investment returns then are disproportionately important.” Given this, the author proceeds to lay out a year-by-year plan for the five years before retirement – and what to concentrate on during each. For more, CLICK HERE.

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The “Hard Dollars (And Sense)” Of Retirement Catch-Up Contributions

2018-07-08 07_00_34-WindowIf, like many Americans, you find yourself behind when it comes to having enough saved for a financially secure retirement, one potential way to increase your retirement savings is by taking advantage of catch-up contributions. The author of today’s article cautions “Don’t fall into the trap of underestimating how much these extra contributions can potentially benefit your upcoming retirement” – and he outlines some examples in hard dollars to demonstrate how much of an impact catch-up contributions can have. For more, CLICK HERE.

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Follow The Rich And Fund A “Dividends-Only” Retirement

2018-07-08 06_57_34-Window“If you follow rich people, you’ll notice that they never actually sell any assets – they instead use them to generate more and more cash flow. We can – and should – do the same,” argues the author of today’s article – who proceeds to highlight five dividend paying (and dividend growing) stocks that have meaningful (above 5%) yields today and the prospect for higher yields and price appreciation going forward. For these five stocks, CLICK HERE.

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Whatever Your Time Horizon, These May Be Your Best Bet For A Prosperous Retirement

2018-07-05 20_03_43-Morguefile.com free photographs for commercial useThe author of today’s article calls them “the single best way to maximize the chances of a rich retirement” – whether one is still decades away from retirement or is quickly approaching (or already in) retirement. The “them” in question? Dividend growth stocks – and with Congress forever kicking the can down the road on fixing Social Security, they may be more pivotal to one’s retirement planning than ever. For more on how dividend growth stocks can help ensure a prosperous retirement, whatever one’s time horizon, CLICK HERE.

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Why The Next Bear Could Shred Even Substantial Retirement Portfolios

2018-07-05 08_08_15-Jump List for Google ChromeWhenever the next bear market arrives, it may be an especially devastating one for retirees – even those who have managed to build substantial retirement portfolios. Why? The author of today’s article lays out the case, which includes some recent revelations by the U.S. government regarding Social Security and Medicare that he states “will surely have far-reaching consequences.” For more, CLICK HERE.

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A “Sleepy” Way That Retirement-Bound Boomers Can Prepare For A Bear

2018-07-01 06_38_25-167 Incredible Bear Pictures · Pexels · Free Stock PhotosDespite an awful lot of prognostications, nobody knows for sure when the next bear market will be. What is known, however, is that the five major stock bear markets of the past 45 years wiped out 40% of the stock market’s value on average – and, as today’s article notes, “in the two most recent bear markets, you would have had to wait between six and seven years just to claw back to a breakeven price.” A bear market, then, could be devastating to retirement-bound baby boomers. What’s one “sleepy” way that boomers can adjust their portfolios to better prepare for a bear? CLICK HERE.

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Benefit A Lot From A Little More With This “Most Important” Retirement Strategy

2018-06-26 21_03_28-100+ Beautiful Strategy Photos · Pexels · Free Stock PhotosToday’s article describes it as “The single most important retirement strategy” – and how much of an impact it can have on your standard of living in retirement may well surprise you. That strategy, according to a new study? Working a little bit longer – maybe even just an extra few months. For more on the surprisingly large impact working a little longer can have, why this is the case – and what it says about the importance of focusing on what matters most when it comes to retirement planning – CLICK HERE.

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