Hitting The “Roth Sweet Spot”

2019-09-06 10_48_55-Walkarounds in Amsterdam. _ HD photo by Max van den Oetelaar (@maxvdo) on Unspla“The benefits of owning a Roth IRA are nothing short of amazing,” declares the author of today’s article, pointing in particular to the fact that money in a Roth IRA grows tax-free and is withdrawn tax-free. Of course, taxes are paid on money converted from a regular IRA to a Roth IRA, but, as the author proceeds to outline, with proper planning retirees and soon-to-be retirees can hit the “Roth sweet spot” and get the most bang for their buck from a Roth conversion. For more on this strategy, CLICK HERE.

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Enhancing Your Retirement Portfolio With Alternatives

2019-09-02 09_18_30-Time _ HD photo by Andrea Natali (@andrea_natali) on UnsplashOf the $25 trillion held in U.S. retirement accounts, less than 2% of that amount is invested in alternative assets – and new research suggests that this low allocation to alternatives may be a mistake on the part of those approaching or in retirement as alternatives can reduce risk and enhance returns, thus helping to ensure that retirees don’t run out of money. For more on the strategic use of alternative assets in retirement portfolios – including how much of their portfolio individuals approaching retirement may want to have allocated to alternatives – CLICK HERE.

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The “Big Picture” Financial Realities That Retirees Must Face

2019-08-29 19_17_52-Person Holding Photo of Single Tree at Daytime · Free Stock PhotoWhile there seems to be a constant stream of news and market developments (and presidential tweets) that those nearing retirement need to keep up with today, the author of today’s article asserts that “to be successful in retirement today requires a much more holistic view of what you are facing and what the investment realities are” – and he proceeds to outline four such financial realities that retirees need to be cognizant of – and address – if they are to enjoy financially secure retirements. For more, CLICK HERE.

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Some Good News – And Some Bad News – If Your Retirement Portfolio Takes A Big Hit

2019-08-17 08_44_53-Good news is coming _ HD photo by Jon Tyson (@jontyson) on UnsplashToday’s article contains some good news and some bad news for retirees whose portfolios suffer substantial losses (such as the 17% loss incurred by one of the model portfolios from a top-performing newsletter over the first six months of this year). The good news? Even the worst performers are likely to eventually recover their losses. The bad news, however, has to do with how long eventually might be – and what that means for retirees’ standard of living. For more, CLICK HERE.

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Rethinking Retirement Rebalancing (And Some Modified Rebalancing Strategies)

2019-08-11 21_12_04-Balance _ HD photo by Bekir Dönmez (@bekirdonmeez) on UnsplashPortfolio rebalancing is something that retirees should do on a regular basis in order to boost returns…right? Not necessarily, it turns out – despite this being common practice and conventional wisdom. The author of today’s article highlights a new, exhaustive study on rebalancing which “found that rebalancing improves performance only if the markets behaving in certain specific ways.” For more – including when regular rebalancing can really cost you and some modified rebalancing strategies to consider – CLICK HERE.

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A Midsummer Financial To-Do List For Retirees

2019-07-22 08_23_38-RayBan sunglasses _ HD photo by Ethan Robertson (@ethanrobertson) on Unsplash“Because calendars often become more cluttered between September and year-end, midsummer is a good time to take a closer look at your financial life,” advises the author of today’s article, who proceeds to outline a number of financial tasks that retirees may want to tackle now rather than later. First up on this to-do list? Making a preliminary assessment of whether you’ll itemize deductions or take the standard deduction – and why it may be best to think multiyear when making this determination. For more, CLICK HERE.

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The Last Refuge For Retirees And Other Conservative Investors?

2019-07-16 21_52_11-On my eames _ HD photo by Nikita Kachanovsky (@nkachanovskyyy) on Unsplash“If you’re retired or a conservative investor who cannot afford to lose money, your bank certificate of deposits are about to become worthless. Or close to worthless,” declares the author of today’s article as it appears the Fed is gearing up to cut interest rates. So what are fixed-income investors who want to make money on cash without putting that cash in the stock market to do? The author identifies their “one option in the conservative fixed-income space” – and what may be the best specific bet. For more, CLICK HERE.

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Why Retirees Aren’t Making The “Financially Optimal” Social Security Decision – And Leaving Trillions On The Table

2019-07-16 09_43_10-Stock market direction _ HD photo by AbsolutVision (@freegraphictoday) on Unspla$3.4 trillion. According to a new study, that’s how much retirees have lost, and are losing, by not making the optimal decision when it comes to when to claim Social Security benefits. That’s $111,000 per household! According to the study, “the average Social Security recipient would get 9% more income in retirement by making the ‘financially optimal’ decision about when to claim benefits.” So what is the “financially optimal” decision – and why aren’t retirees making it and leaving trillions on the table? CLICK HERE.

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Preparing Your Retirement For A Market That Goes Down (And Stays Down)

2019-05-16 19_55_15-WindowWhen it comes to periods of extended market weakness, the author of today’s article notes that “Retirees…tend to experience [them] differently, and more viscerally, than their still-working counterparts” as they are living off the finite balances of their portfolios. So while those who are still working may be able to ride out – or even take advantage of – market weakness, what are retirees and those nearing retirement to do? The author outlines “some key steps to take in the event of serious market volatility–or better yet in advance of it.” For more, CLICK HERE.

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Think First Before Embarking On An Encore Career

2019-04-28 21_22_28-Morguefile.com free photographs for commercial useAn encore career in retirement can provide many advantages, financial and otherwise. On the financial front, for example, income from an encore career can help retirees delay claiming Social Security benefits – and thus increase the benefit amount they ultimately receive. However, the author of today’s article cautions that, when considering embarking on a postretirement career, “there are some important tax and other financial considerations to understand before taking this route.” What are some of the potential financial drawbacks of an encore career to be aware of? CLICK HERE.

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