How can you go about building a portfolio that would provide your loved ones with reliable income while requiring little to no maintenance? The author of today’s article lays out one option: A “three-fund portfolio [that] will hand us a diverse collection of investments built to hold up in any market, throw off a steady 8% dividend and pay dividends monthly, to boot.” For the three actively managed funds making up this “autopilot” dividend portfolio, CLICK HERE.
If you’re one of the (too) many Americans that have too little – or nothing at all – in the way of retirement savings, a simple strategy that could boost your savings by $800,000 (and possibly even more) sounds like something worth having a look at – and that’s exactly what the author of today’s article outlines. And while getting the maximum benefit from this strategy requires having many years until retirement, it can still make a significant difference for those close to retirement. For more on this “win with small steps” strategy, CLICK HERE.
The median retirement account balance among all Americans of working age? $0.00. And that’s the median amount, meaning half of working-age Americans have even less than $0.00 to their name. And if the paltry state of Americans’ retirement accounts isn’t enough to convince you that there’s a retirement crisis, consider the fact that total U.S. consumer debt is now sitting at a record high of $4 trillion. So what are those over 50 who are worried about their retirement preparedness to do? The author of today’s article identifies one option “which allows investors to fund their financial goals affordably.” For more, CLICK HERE.
The author of today’s article advises that “when it comes to selecting investments for each part of your portfolio, you can really skinny things down by focusing on investments that provide a lot of diversification in a single shot.” She proceeds to highlight a number of funds that both retirement accumulators and those who are already in retirement could consider for this purpose – whether they are looking for a single-fund option or looking to employ a building-block approach. For more, CLICK HERE.
Think you need $1 million to retire? The author of today’s article calls that belief the “million-dollar myth” – and shows how, using a “4-pack” of closed-end funds with an average dividend of 8.5%, you can retire on less than half that amount. For the four funds in question – and what the author sees as a big reason for the existence of the million-dollar myth in the first place, CLICK HERE.
“A lifelong, low-cost investment strategy that I believe is likely to produce superior long-term returns without much attention from you” is what the author of today’s article lays out. The strategy in question is comprised of two “building blocks” – a target-date retirement fund at the core and a “booster fund” to generate higher long-term returns with little extra risk. For more on this strategy – including which type of fund may provide the greatest boost and a formula for determining how much of your portfolio to devote to each component – CLICK HERE.
Today’s article outlines how an initial investment of $300,000 in six specific funds (from “an obscure corner of the market”) can create a significant, reliable income stream for retirement. Specifically, “this portfolio has a 7.9% yield, meaning our $305,000 initial investment is going to give us $24,000 in annual income—that’s $2,000 per month!” Moreover, these six funds offer growth in addition to income, with impressive annualized returns over the last decade. For more, CLICK HERE.
Amid the low interest rate environment of recent years, many income-seeking investors have turned to high-yield bond funds and dividend mutual funds in the search for higher income. However, with interest rates now rising, these funds are becoming riskier – leading the author of today’s article to suggest an alternate strategy to generate income: investing in pass-through securities, which “are required to pay out almost all their earnings in cash distributions.” For the four main categories of pass-through securities, how to take a diversified approach to them – and which may perform best at this point in the market cycle – CLICK HERE.
The good news regarding mutual and exchange-traded fund fees? Last year saw the biggest one-year decline in fees and several major fund companies have been competitively lowering their fees (with one now even offering index funds without any management fees). The bad news, according to today’s article, “is that many investors don’t realize how much they’re paying in fund fees in the first place or how much these expenses and other investment costs are eating into their retirement savings.” How much can seemingly small fees deplete your retirement savings – and how can you minimize their bite? CLICK HERE.
With paltry bond yields on one hand and the risks associated with high-yielding funds and stocks on the other, generating enough income in a low interest rate environment can be challenging for retirees. However, today’s article highlights two “innovative” ETFs that the author sees as offering slightly higher yields while mitigating risks. The first of these two funds seeks out not just high dividends but high sustainable dividends, and the second fund seeks to get extra yield from high-quality large-caps. For more, CLICK HERE.