Meet The New ‘Bonds’ For Retirement

2020-02-20 23_21_23-Trees in Park · Free Stock PhotoWith longer life expectancies and lower interest rates, among other factors, the traditional 60/40 portfolio “just won’t be able to cut it anymore”, according to some financial experts. Instead, greater allocations to equities will be needed – and dividend stocks will become the new bonds for retirement. One place investors can look for higher yields for their retirement portfolios? Business Development Companies, which are averaging annual yields of nearly 10%. For more, CLICK HERE.

The Good News – And The Bad News – About SECURE Retirements

2020-01-18 18_29_01-white Good News Is Coming paper on wall photo – Free Sticker Image on UnsplashMost of the provisions of the Setting Every Community Up for Retirement Enhancement (SECURE) Act go into effect this year, and the author of today’s article points out that a number of the SECURE Act’s provisions are relevant to those who are not yet even at or near retirement. Noting that “They can have a profound effect on the way we all save for retirement”, the author outlines the major takeaways from the SECURE Act, starting with some bad news. For more, CLICK HERE.

The Do’s And Don’ts Of Dealing With A Stock Market Downturn In Retirement

2020-01-18 15_49_08-white clouds photo – Free Blue Image on UnsplashIf faced with stock market volatility or a downturn in retirement, would you reduce your investments in stocks? In one survey, a third of pre-retiree respondents indicated that they would do just that – but this may not be the best (or even a good) strategy. What does the author of today’s article point to as being “The key to successfully riding out stock market volatility or a downturn in retirement”? CLICK HERE.

Retirees, Beware “Dollar-Cost Ravaging”

2019-12-23 10_31_43-Black Steel Pet Cage With One Dollar · Free Stock PhotoYou’ve probably heard of dollar-cost averaging (investing a fixed amount of money at regular intervals over a long period of time to minimize the impact of volatility), but what about “dollar-cost ravaging”? The strategist interviewed in today’s article sees dollar-cost ravaging as a problem that can cause a lot of damage to the portfolios of retirees – especially in the early years of retirement. What is dollar-cost ravaging – and what can retirees do to help avoid it? CLICK HERE.

Retirement Withdrawals & The Widow’s (Or Widower’s) Tax

2019-12-21 19_26_35-white printer papers photo – Free Mobile phone Image on Unsplash“Tax-deferred accounts are great until they aren’t – when we have to pay taxes on our withdrawals,” notes the author of today’s article, who highlights an “often-overlooked” reason for married couples to consider making additional, earlier withdrawals from tax-deferred accounts (in addition to more common reasons such as wanting to use accumulated funds while you and your spouse are still young and healthy): “Their taxes will almost certainly increase after the first spouse dies. Think of this as the widow or widower’s tax.” How can married couples adapt their withdrawal strategies to minimize the impact of this tax? CLICK HERE.

How You Can Cut Your Retirement Number In Half

2019-11-26 22_37_10-WindowHow would you like to only have to save half as much as you otherwise would for retirement? The author of today’s article outlines how you can turn that fantasy into a reality with proper fee management, pointing out that “You lose over half a million dollars just from [a] small difference in fees, because small amounts multiplied over 40 years always become big amounts at the end. Everyone loves talking about how compounding interest is key to building wealth, but it cuts both ways. Fees compound, too.” For more, CLICK HERE.

“Leverage The Power Of Investing” – And Make Your Retirement Savings Work For You

2019-11-15 21_23_59-Selective Focus Photography of Turned-on Light Bulb · Free Stock Photo“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.

The “Cornerstone Of Retirement Planning” (That Most Americans Don’t Understand)

2019-10-25 22_38_34-Flag of America photo – Free Flag Image on UnsplashIt’s “the cornerstone of retirement planning” – yet in a recent study, 92% of the American adults surveyed either demonstrated a lack of understanding of it or couldn’t even define what it was! What is this retirement-planning cornerstone? Fixed-income investing – and one portfolio manager cited in today’s article warns that “The lack of knowledge about fixed-income investing is a problem because it means many Americans are likely missing out on two of its big benefits”. For more, CLICK HERE.