When it comes to de-risking your retirement portfolio, the author of today’s article suggests thinking of it as being akin to de-icing your car, noting that “de-risking is important. It helps insulate your future retirement income from a market plunge that could occur near, or soon after, your retirement date.” In terms of how to de-risk, however, she advocates taking a different approach than the one traditionally employed – “a planning process that tells you when to de-risk your retirement money based on your goals.” For more, CLICK HERE.
It’s hard to imagine that what is perhaps most people’s primary financial preoccupation today – retirement – was not always a common thing. In fact, today’s article notes, there was a time when this life stage that everyone strives to achieve today was not considered desirable! Today, the question is not so much whether retirement is desirable but what type of retirement is most desirable for you. Along with the well-known traditional and early retirement options, the author outlines three “alternative retirement options” – temporary retirement, semi-retirement and mini retirements – and the advantages and disadvantages of each. For more, CLICK HERE.
Today’s article calls it “the nastiest hardest problem in finance”: retirement spending strategies. And unfortunately, despite the complexity inherent in retirement spending strategizing, it is often subject to simplistic rules of thumb, most notably the 4% rule. The author outlines the dangers associated with the 4% rule, how it “can go very badly”, and the implications of this for the FIRE (financial independence, retire early) movement. For more, CLICK HERE.
“Maybe your retirement plan is on track, but that doesn’t mean you can rest easy. We all exist within a society and an economy. Its problems are ours, too, as we may find out when taxes rise to help pay for others to retire,” warns the author of today’s article. He proceeds to examine the state of retirement in the U.S., including how Social Security is not enough for a secure retirement, the disturbing reality regarding Americans’ retirement savings, the “indexing problem” inherent in retirement accounts, and the “double problem” facing Baby Boomers. For more – including some strategies to help counter these concerns – CLICK HERE.
Noting the troubles ahead for Social Security, the author of today’s article warns “Don’t count on the government, your employer, or anyone else to pay for the lifestyle you want to enjoy in retirement. It’s truly up to you.” To help you in this endeavor, he proceeds to highlight two stocks that have been rewarding shareholders with massive gains – and are positioned to continue doing so for decades to come. For these two stocks – including a $94 trillion investment opportunity centered around the global expansion of the middle class – CLICK HERE.
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.
More people than ever are working side gigs – and a major reason they report doing so is in order to grow their nest eggs. Today’s article acknowledges that side gigs “can offer…more opportunities to save for retirement and even help…make up for lost time” – that is, if approached correctly. What does one retirement savings expert say should be the first priority of those using side gigs to help save for retirement – and what are some other important considerations? CLICK HERE.
This retirement strategy is on the rise – and it also has a fancy name: geo-arbitrage. With geo-arbitrage, individuals accumulate retirement income in the U.S. and then relocate to locations around the globe with a lower cost of living. Noting that “it’s a big world, and every country poses unique opportunities and complications”, today’s article outlines “five practical questions” for individuals considering taking advantage of geo-arbitrage to ask themselves as they evaluate various locales. For more, 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.