“In a world where interest rates are so low and uncertainty seems to be the norm, baby boomers need to look for stable dividend stocks that can compete with the current income of longer-term Treasury notes and bonds and for businesses that should grow to offer some capital appreciation over time as well,” notes the author of today’s article, who proceeds to highlight 20 dividend stocks – most of which are dividend growers – that offer retired and near-retirement boomers reliable and rising income. For more, CLICK HERE.
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.
Despite having been the recipients of many advantages when it came to saving for retirement, a new study focused on the retirement preparedness of baby boomers finds they are shockingly unprepared overall. Among its findings? Barely one in 10 boomers has a sufficient amount saved for retirement – and nearly half have no retirement savings at all. Today’s article proceeds to outline “seven deadly sins of retirement planning” that have led to boomers being in this situation, including “possibly the most astonishing revelation in the survey [which] is buried in the footnotes”. For more, CLICK HERE.
“Maybe your retirement plan is on track, but that doesn’t mean you can rest easy. We all exist within a society and an economy. Its problems are ours, too, as we may find out when taxes rise to help pay for others to retire,” warns the author of today’s article. He proceeds to examine the state of retirement in the U.S., including how Social Security is not enough for a secure retirement, the disturbing reality regarding Americans’ retirement savings, the “indexing problem” inherent in retirement accounts, and the “double problem” facing Baby Boomers. For more – including some strategies to help counter these concerns – CLICK HERE.
Yet another research report has found that a majority of baby boomers do not feel prepared for retirement – and today’s article suggests that one critical factor underlying the position that these boomers find themselves in is a lack of investment in stocks, with the author noting that “The ownership of the vast majority of equity returns in the hands of a small percentage of Americans in part explains why so many boomers are not feeling the recovery.” In addition to increasing their stake in stocks, what else can Americans do to boost their sense of retirement security? CLICK HERE.
Exchange-traded funds may have exploded in popularity over the last few years, but that surge in popularity has varied greatly by generation. Today’s article notes that boomers have not embraced ETFs to the extent that millennials – or even the oldest generation of investors – have, with one study finding that only 27% of boomers aged 52 to 70 with $100,000 in investible assets are invested in ETFs. What factors are holding boomers back from investing in ETFs – and why might some of those concerns be ill-conceived? CLICK HERE.
The author of today’s article calls it “the biggest demographic tidal wave ever to sweep the U.S.”: the retirement of the baby boomers. And within that massive trend is another significant trend that investors can cash in on: the boomer rental wave, as boomers drive demand for rental units. The author proceeds to highlight three real-estate investment trusts “with buildings right where these downsizing boomers want to be” – and which offer the prospect of attractive payout growth going forward. For more, CLICK HERE.
Robo-advisory services are increasingly getting attention from baby boomers looking for retirement guidance. As today’s article notes, robo-advisors now go beyond simply helping clients save for retirement, offering “tax-efficient strategies for turning nest eggs into steady streams of retirement income, as well as recommendations on Social Security, Medicare and long-term-care insurance.” To see what those in or approaching retirement can get out of robo-advisors, the author took robo-advisory products from four major firms for test-drives. For her overall impression of robo-advisory services – and the pros and cons of each firm’s offerings – CLICK HERE.
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 with longevity – and is an internal risk rather than an external market risk. What is this risk – and how can retirees protect themselves from it? CLICK HERE.
That baby boomers face a retirement crisis is a widely accepted fact. But what caused it? It may seem that the answer to this question must be complicated, but the author of today’s article has a relatively simple explanation, stating that “If I had to point to one variable that could explain why so many are so ill-prepared for retirement it would be this.” What is the variable in question – and what lesson can younger generations learn from what the boomers got wrong? CLICK HERE to find out.