The author of today’s article notes that the “standard prescription” for most retirees these days is “a combination of working longer, living on less, and reducing expectations for their retirement dreams.” But for those who either cannot – or refuse to – comply with that dreary prescription, there is a more creative retirement solution to consider: retiring abroad in a…
The current environment is a tricky one for income seekers – whether they be individuals in (or approaching) retirement, or anyone wanting a steady income component to their portfolio – to navigate. To provide some assistance in this regard, today’s article looks to a number of ETF strategists and asset managers for their favorite income-generating strategies – and specific vehicles…
How much money will you need in order to keep living like you live today in retirement? Various formulas for coming up with this number have been devised, but today’s article outlines one particularly simple rule of thumb that can be used in making this determination: the Rule of 300. How does the Rule of 300 work, how much does…
When it comes to assessing risk, the author of today’s article argues that “most people don’t really understand what their true risks are.” He proceeds to identify what he believes is the greatest risk most retirees face – one that is not getting the attention from retired (and retiring) baby boomers that it warrants. The risk in question is associated…
Health savings accounts. More employers offering a Roth option in their retirement plans – and reducing the overall number of investment options employees have to choose from. The growth of index funds – and workplace financial wellness programs. These trends – as well as some additional developments – have the author of today’s article declaring that “it’s a brave new…
Forget bland and boring bond funds – the author of today’s article highlights three bond exchange-traded funds that he sees as “off-the-beaten-track [picks] with world-class qualities.” To learn about these three bonds ETFs – including a “fallen angels” play that owns “once highly touted corporate bonds [that have] slipped down the credit ladder – and how they can be best…
How far a $1 million nest egg will get you in retirement depends on where that retirement takes place. Today’s article highlights the findings of a new report which assessed how many years $1 million would last for retirees 65 and older for each state, with numbers ranging from 26.3 years in one state to 11.9 years in another. Where…
“Though some people end up spending less in retirement than they estimated, odds are you won’t be in this group,” cautions the author of today’s article. In order to avoid spending more in retirement than estimated – and thus drawing down your nest egg more quickly than planned – the author recommends beginning to live the retirement life well before…
There are over 8,000 mutual funds and the average participant in a workplace retirement plan has 28 investment options to choose from. However, the author of today’s article advises that “you can create a smart, diversified portfolio with just a handful of mutual funds” – and she proceeds to highlight some model “lazy portfolios” to do just that. To learn…
While the primary casualty of the fiduciary rule – which began to take effect in June – is intended to be conflicts of interest on the part of financial advisers when it comes to their clients’ retirement accounts, today’s article identifies another potential casualty of the rule: the number of mutual funds offered by brokerage firms as they seek to…