“Over the course of your lifetime — unless you’re making a lot of money or live extremely modestly on a reasonable salary — you’re going to find it hard to simply put away enough money to retire. The money you put away should, ideally, be working for you and growing at a pace (much) faster than inflation,” notes the author of today’s article, who proceeds to provide some “thoughts on how to leverage the power of investing to give yourself the best chance at a great retirement.” For more, CLICK HERE.
Socially Responsible Investing (SRI) and Environmental, Social and Corporate Governance (ESG) have been gaining popularity as investment approaches, but are ESG/SRI funds good for retirees and soon-to-be-retirees? The author of today’s article believes that “The ensuing debate over SRI and ESG investing is potentially an existential one for retirees and soon-to-be retirees”, given the question as to whether these approaches lead to diminished – or superior – returns. What does the research have to say about the suitability of ESG/SRI funds for retirees? CLICK HERE.
With interest rates back on the decline and the bull market in stocks in its latter stages, the author of today’s article advises that those investing for retirement “should broaden their knowledge of the tools at their disposal” for generating retirement income – including “one somewhat obscure strategy”: selling covered calls. What are covered calls, what are the risks associated with them, and what are some ideal scenarios for selling covered calls? CLICK HERE.
What are the odds that the stock market will crash at some point (or multiple points) during the course of your retirement? Researchers have actually developed a formula for making this determination – and based on that formula, the author of today’s article warns that “the odds of a huge crash are…high enough that you should expect at least one, and perhaps more, during your retirement.” For more – including the number of smaller crashes the formula indicates one should expect over the course of a 30-year retirement and why, despite what many believe, government regulations and safeguards are unlikely to prevent future crashes – CLICK HERE.
Just how much money does the top 1% – the “super rich elite” – have? Apparently, more than they know what to do with! In today’s article, the author shares what he sees as “Probably the most astonishing fact [he] encountered while poring over the finances of the wealthy elite” – who own $730 of capital for every $1 of capital owned by the average family in the bottom half of households. What is it? CLICK HERE.
Despite having “restricted” in their name, the ultimate benefit of restricted stock units (RSUs) is their flexibility. As today’s article explains, RSUs are a type of equity compensation for employees that offer “a new building block toward retirement, while also opening doors for investments, experiences and major purchases throughout the course of your life.” For more on the basics of RSUs and the many ways they can be used to help you achieve your short- and long-term financial goals, CLICK HERE.
While he acknowledges that it may seem like a trivial amount, the author of today’s article illustrates just how much of an impact 1% more can have on your earnings, savings, investing and, when combined, on your overall net worth. For more on the power of 1% more – including how you can go about getting that extra 1% in each of the aforementioned areas – CLICK HERE.
“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.
“Here’s a sobering thought: Much—and perhaps most—of the money you’ll accumulate for retirement will reflect the raw dollars you sock away and not the investment returns you earn,” begins the author of today’s article, who proceeds to outline some examples to illustrate this fact, as well as examine its implications. For more – including the “perverse conclusion” this leads the author to regarding investing for retirement – CLICK HERE.
You may have a will in place, but what about a power of attorney, an advanced directive, or a financial plan? A recent survey found that few people actually use these tools that the author of today’s article argues “are so important for successful lives” – and which can ease financial and retirement worries. He proceeds to outline how to create what may be the most important tool in this regard: an “intentional life plan”. For more, CLICK HERE.