The author of today’s article notes that Individual Retirement Accounts have become a lot more complicated in a number of critical ways since their introduction in the 1970s. As such, he provides a comprehensive overview of the internal workings of IRAs – including the various types of IRA accounts, funding options and distribution of funds. He then proceeds to outline…
There is no end of lists purporting to identify the best cities or states in which to retire – but, for those planning on relocating to a warmer or less expensive locale in retirement, today’s article cautions there are a number of factors to consider that could lead to unexpected consequences – both financial and non-financial. The big one? Taxes…
Boeing, Lockheed Martin, and Nordstrom are among the companies that have been targets of a President Trump Twitter attack, and the share prices of the companies Trump goes after almost always drop in the immediate aftermath. But are there lasting effects? Today’s article looks at what the Wall Street Journal’s “Trump Target Index” – which tracks the post-attack performance of…
While many financial firms recommend that U.S. investors have some exposure to foreign stocks, that entails exposure to the currencies of the countries in question, and the author of today’s article notes “that means in addition to the stock’s performance, your total return will include the performance of the foreign currency translated into U.S. dollars.” With a strong dollar, this…
With the average savings account yielding a meager 0.11 percent – far less than the rate of inflation – one financial planner cited in today’s article describes using a traditional savings account for your emergency fund cash as simply being a way of “losing money safely”. As such, the author proceeds to outline other options for your emergency fund that…
Americans are not saving enough for retirement – and if Republican lawmakers have their way (which they presumably will as they now control Washington), this crisis may only get worse. The author of today’s article goes so far as to call the GOP’s current actions and proposed plans a “war on retirement”. What does the author identify as the three…
If you have a large sum of money that you want to invest for retirement, the commonly-held financial wisdom is that you should use the dollar-cost averaging strategy and move that money into the market gradually so that the entire amount is not at risk of a market setback. But, as today’s article explains, it turns out that this seemingly…
Premium support. This is the term for the GOP Medicare reform plan in which retirees would receive an annual stipend or voucher to purchase private health insurance, and the author of today’s article notes that, after recently analyzing the GOP premium support plan, the AARP Public Policy Institute concluded that “it would imperil retirees.” For the main points from AARP’s…
The author of today’s article believes that, with the outsized dividend yields and predictable sources of income the asset class offers, income from real estate investment trusts “should be part of the retirement process.” However, noting that a dividend cut could be devastating to retirees, he cautions that it is important to properly evaluate REIT assets. He proceeds to highlight…
Large, established companies with recognizable brand names. Dividend yields of at least 5%. Low volatility. Relatively cheap. These are four criteria that the author of today’s article believes make stocks well-suited for investors in retirement – and are thus the criteria that he employed in screening for stocks for retirees. Three stocks that fit the bill and which retirees may…