Whenever 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,…
Despite 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…
While the author of today’s article does not expect that the next bear market will be as painful as the last, he notes that those approaching or already in retirement still “need to keep a sharp eye on risk.” As such, he proceeds to highlight what he believes are the best stock funds for 2017 for retirees. Specifically, these are…