While retirees living on investment income may desire to be able to simply sit in bonds, today’s article notes that “Even in 2019 and even after the Fed’s normalization of interest rates, retirees and those who are nearing retirement simply have no choice but to have at least some investments in stocks” – specifically, stable dividend-paying stocks with the ability to continue growing their dividends for years to come. For the author’s line-up of the 15 best such stocks for retirees, CLICK HERE.
Early retirement only works if you continue to make money in retirement…right? The author of today’s article challenges this belief, arguing that “it IS absolutely possible and in fact very easy, to make a chunk of money last through your lifetime. There is no magic or unusual risk or hope involved, it’s just plain math.” So, once you’ve accumulated a fixed chunk of money, how do you go about converting it into a safe stream of lifetime income? What don’t you need to worry about with this strategy? And what does the author point to as being “the absolute key to success in early retirement”? CLICK HERE.
The retirement expert cited in today’s article calls them “the single biggest risk you face in outliving your money”: out-of-pocket healthcare expenses and costs for long-term care. These expenses can now total over half a million dollars, “almost four times more than the typical couple nearing retirement has saved in their combined retirement accounts”. Given this, the author outlines several steps retirement savers can take to help avoid having their golden years torpedoed by this risk. For more, CLICK HERE.
“Something big is happening in the gold market right now,” declares the author of today’s article, who notes that gold purchases by central banks last year were at their highest level since Richard Nixon formally brought an end to the gold standard in 1971 and that purchases in the fourth quarter were the highest on record. After four straight months of gains for both gold and gold mining stocks, what’s gold’s next move – and what gold set-up does the author recommend? CLICK HERE.
“The Achilles’ heel of any dividend-stock strategy is that a high-dividend company’s dividend yield comes down not because its price rises but because the company cuts its dividend,” notes the author of today’s article. He proceeds to highlight a potentially better way of picking dividend stocks than focusing on yield alone – an approach utilized by the best-performing dividend stock newsletter. For more – including that newsletter’s “Lucky 13” portfolio of top dividend stocks for 2019 – CLICK HERE.
Stocks? Bonds? Exchange-traded funds? Mutual funds? Annuities? Unit investment trusts? Real estate? Given the wide range of options available when choosing investments for an Individual Retirement Account (today’s article notes you can invest in “almost anything” with an IRA), the critical question is what to select. For some insights on this question, taking into consideration how far you are from retirement, CLICK HERE.
The author of today’s article describes it as “the one surefire way to retire rich”: harnessing the power of compounding. Or, to be more specific, harnessing the power of compounding using dividend stocks – and amassing a multi-million dollar nest egg in the process. What does the author outline as some of the best strategies in this regard? For more on harnessing the power of compounding using dividend stocks to grow your wealth – and nest egg – over time, CLICK HERE.
“Although dividend stocks are a mainstay of a retirement portfolio, they are not the only stocks you should have,” advises the author of today’s article, who proceeds to highlight three stocks offering income and growth to consider for retirement. For these three stocks, as well as the author’s advice regarding the right amount of portfolio diversification in retirement and his answer to the question “Is any risk allowed in a well-designed retirement portfolio?”, 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.
Despite being very conservative and diversified, the author of today’s article’s retirement portfolio did slightly worse than the Dow last year, with every single one of his holdings (other than cash) posting a loss – his worst return since 2008. Having lost 10% of his net worth, and believing that 2019 could be even worse for the markets than 2018, how is this early retiree coping? For his current holdings, his second thoughts on 2018, and how he’s responding to warning signals for 2019, CLICK HERE.