“Today, we are at peak FIRE, perhaps similar to peak crypto reached in December 2017. Unfortunately, when you’re at the peak, there’s usually nowhere to go but down,” laments the author of today’s article, who warns that the FIRE (financial independence, retire early) movement “is in for a rude awakening” — and poised to be overtaken by a new retirement movement: DIRE (Delay, Inherit, Retire, Expire). CLICK HERE for more.
How do you calculate how much income you will need in retirement (and how much you need to save for retirement given that figure)? What kind of retirement account is right for you? What makes a good 401(k) plan (and how can you make the most of your 401(k) plan)? What about fees, asset allocation, and retirement income streams? And how can you retire early? Today’s article tackles these questions and more as part of a “comprehensive guide” on saving and investing for retirement. For more, CLICK HERE.
How do you keep your retirement from becoming compromised due to a decline in the stock market close to your retirement? This is the question the author of today’s article gave some thought to after his uncle, who is planning on retiring in 2019, lost around 30% of the value of his portfolio in a matter of weeks thanks to the stock market’s recent volatility. For his insights regarding both portfolio allocation and cash flows, CLICK HERE.
“The American dream of a modest retirement after a lifetime of work now is a middle-class nightmare.” So concludes the author of a recent report from the National Institute on Retirement Security – and the author of today’s article expands on this conclusion, looking at just how retirement in America has gotten to this unfortunately place and how, “If the middle class keeps slipping, as we fear it will…The retirement dreams of millions of Americans may slip away forever and ever.” For more, CLICK HERE.
What does the current amount of your retirement nest egg translate into in terms of future monthly retirement income? In light of the fact that a recent piece of research found that more than half of U.S. workers aged 20 to 79 have difficulty figuring out this conversion, today’s article identifies two ways to estimate that monthly income figure – one way which is perhaps the simplest and another which is also simple (but perhaps less exact). For more – including one big benefit of learning how much your nest egg might produce in monthly income – CLICK HERE.
What’s the one thing most preventing you from building wealth? The author of today’s article makes the case that, when it comes to building wealth, “one financial decision in particular has been absolutely catastrophic for people at every income.” In fact, he outlines how taking a different course when it comes to this particular financial decision has the potential to generate hundreds of thousands of dollars by retirement. So what is this wealth-killing decision – and how can you change your mind set about it? CLICK HERE.
If you’re looking to diversify your retirement income streams – especially in a way that factors in inflation – investing in real estate can be one avenue to consider. Today’s article outlines four ways you can invest in real estate for retirement – investing in private mortgage funds, purchasing rental property, investing in real estate investment trusts, and cashing in home equity – and the pros and cons of each. For more, CLICK HERE.
For both those in the accumulation phase of their investment careers and those nearing retirement or in retirement, dividend growth stocks have great appeal – even though, as the author of today’s article notes, these two groups may be looking for slightly different things from these stocks (total returns in the case of accumulators and reliable, inflation-beating income in the case of retirees). He proceeds to highlight “three attractively valued high-yielding businesses with well-protected and growing dividends” that could appeal to either group. For more, CLICK HERE.
While there are some general rules of thumb for retirement income-replacement rates (e.g. 75% to 80% of working income), pinning down your individualized retirement cash flow needs can be difficult. As the author of today’s article notes, “higher-income, higher-saving households may well need just 60% (or even less) of their pre-retirement income during retirement, while lower-earning, lower-saving households may need closer to 90%.” So how can you come up with as realistic a figure as possible for yourself? The author outlines seven steps to take. 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.