Is Using Covered Calls To Generate Extra Retirement Income A Good Call?

2019-11-10 07_59_57-Several 20 Us Dollar Banknotes · Free Stock PhotoWith interest rates back on the decline and the bull market in stocks in its latter stages, the author of today’s article advises that those investing for retirement “should broaden their knowledge of the tools at their disposal” for generating retirement income – including “one somewhat obscure strategy”: selling covered calls. What are covered calls, what are the risks associated with them, and what are some ideal scenarios for selling covered calls? CLICK HERE.

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Restricted Stock Units: A New, Flexible Building Block For Retirement (And Other Financial Goals)

2019-10-31 23_43_05-black cube photo – Free Paper Image on UnsplashDespite having “restricted” in their name, the ultimate benefit of restricted stock units (RSUs) is their flexibility. As today’s article explains, RSUs are a type of equity compensation for employees that offer “a new building block toward retirement, while also opening doors for investments, experiences and major purchases throughout the course of your life.” For more on the basics of RSUs and the many ways they can be used to help you achieve your short- and long-term financial goals, CLICK HERE.

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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.

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A “Perverse Conclusion” On Investing For Retirement

2019-10-17 21_26_03-tilt-shift photography of person in brown jacket photo – Free Person Image on Un“Here’s a sobering thought: Much—and perhaps most—of the money you’ll accumulate for retirement will reflect the raw dollars you sock away and not the investment returns you earn,” begins the author of today’s article, who proceeds to outline some examples to illustrate this fact, as well as examine its implications. For more – including the “perverse conclusion” this leads the author to regarding investing for retirement – CLICK HERE.

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Ease Financial And Retirement Worries With An “Intentional Life Plan”

2019-10-13 21_33_08-Cup, coffee cup and coffee shop _ HD photo by Daria Shevtsova (@daria_shevtsova)You may have a will in place, but what about a power of attorney, an advanced directive, or a financial plan? A recent survey found that few people actually use these tools that the author of today’s article argues “are so important for successful lives” – and which can ease financial and retirement worries. He proceeds to outline how to create what may be the most important tool in this regard: an “intentional life plan”. For more, CLICK HERE.

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A Million-Dollar Retirement For The Low Price Of $405K

2019-09-28 16_22_20-Trawangan island on a clear day _ HD photo by roman raizen (@raizen) on Unsplash$1 million is the figure commonly cited by financial experts when it comes to how much you need for retirement. In today’s article, however, the author outlines a way in which you can retire on less than half that amount — $405,000 – with just five buys which, in combination, “hand you a 7.4%-yielding portfolio that will pay you reliably for decades.” For more on this “5-buy” portfolio – which uses a “special kind of fund” as its bedrock – CLICK HERE.

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Check These Retirement-Planning Blind Spots Before “Pulling The Rip Cord”

2019-09-22 18_37_48-Person Riding on Motorcycle · Free Stock PhotoIndividuals tend to retire when the market (and their portfolio balances) are up. However, as today’s article observes, “even though people often retire after periods of strong market returns, that, somewhat counterintuitively, tends to reduce their portfolios’ sustainability rather than enhance it.” This is one of the five retirement-planning blind spots that can catch retirees off-guard that the author details. For more on these blind spots to check before “pulling the rip cord” and leaving the working world for retirement, CLICK HERE.

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Strategies For Drawing Down – Or Preserving – A $1 Million Nest Egg Over A 30-Year Retirement

2019-09-18 09_11_20-Feeling the Water _ HD photo by Josh Hild (@joshhild) on UnsplashIf you’ve been extremely diligent and managed to save $1 million for retirement, how can you best make that $1 million last for a 30-year retirement? Today’s article outlines four different strategies (two conservative approaches and two moderate approaches) to do just that, with two of the strategies involving drawing down that $1 million nest egg over 30 years and the other two strategies preserving all $1 million for the entire 30 years. For more, CLICK HERE.

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Some “Statistical Comfort” On Retiring At Market Highs

2019-09-16 11_27_17-Relax _ HD photo by Tim Foster (@timberfoster) on UnsplashWith the market butting up against all-time highs, those who are about to retire may be feeling particularly concerned, given sequence of returns risk and the potentially catastrophic effect of poor returns early on in retirement. For those nervous near-retirees, today’s article may provide some comfort as it outlines what a research team found when it comes to retiring at an all-time high in the market versus retiring at a random time in the market. For more, CLICK HERE.

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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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