When 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.
Stress tests aren’t just for banks – they’re useful for retirement plans too! And a comprehensive stress test of your retirement plan involves more than just stress testing your portfolio: the author of today’s article advises that “you should stress test your venue, your retirement and income portfolios, and anticipated leisure pursuits.” For more on carrying out a comprehensive stress test of your retirement plan – including how to test whether your portfolio can survive a market shock and how many times it may be prudent to visit prospective retirement venues – CLICK HERE.
“Gaming companies are a tough group of stocks to own,” acknowledges the author of today’s article, pointing to, among other things, how sensitive casino profits are to changes in economic conditions. For those looking for gaming related income stocks, however, gaming-focused real estate investment trusts may be a lucrative investment – and the author highlights three specific gaming REITs to consider. For more, CLICK HERE.
What happens if you have the bad luck to retire at a market peak, right before a brutal bear market (a scenario that many approaching retirement right now may be especially concerned about)? The author of today’s article runs the numbers to determine what effect this has on a portfolio’s value over the course of a retirement – and his findings may surprise you. For more – including what leads the author to conclude that “Retiring just before a stock market peak could be ruinous to your financial health but it doesn’t have to be” – CLICK HERE.
A tragedy is unfolding,” warns the author of today’s article regarding the U.S. stock market – and the potential for a crash that could topple the economy. The critical factors? “All-in dovish central banks, a renewed desperate hunt for yield, FOMO, a U.S.-China trade deal, record buybacks, trillion-dollar deficits ($1.1 trillion for 2019, to be exact, and rising) and a White House administration preoccupied with managing stock market levels with the expressed goal to keep prices elevated for the 2020 U.S. election.” For more, CLICK HERE.
The author of today’s article has his entire life savings and net worth invested in his recession-proofed “real money retirement portfolio” and is highlighting his latest purchase – a low-risk, high-yield dividend blue chip that is currently significantly undervalued despite “its strong quality score, good long-term growth prospects, and solid management team”, creating the potential for it to deliver total returns around 20% over the next five years. For a comprehensive look at this stock the author describes as “a table-pounding buy right now”, CLICK HERE.
While the author of today’s article acknowledges that there is much to make dividend-paying stocks appealing as a source of cash flow in retirement, she warns “I get nervous when retirees use them to take the place of bonds altogether. And I think retirees should get nervous, too.” What’s not to like, for retirees, about dividend payers, according to the author? It has to do with the risk of “bad losses in bad times” – and the financial crisis provides a perfect example. For more, CLICK HERE.
When it comes to credit scores, buying cars (and buying homes), 401(k)s (and Roth 401(k)s), savings accounts, life insurance (and auto and homeowners and long-term care insurance), wills and beneficiaries (and powers of attorney), Social Security and more, the author of today’s article poses the following question: “What does a good financial life look like?” For his 45-step roadmap to achieving one, covering all of the above and more, CLICK HERE.
Only save in tax-deductible accounts – and disregard Roth accounts. Claim your Social Security benefit at age 62 – whether you need it then or not. Plan on your expenses dropping significantly once you leave the workforce. Double down on your employer’s stock. Ditch stocks for bonds when the market goes south. These are five of the 20 ways identified in today’s article that you can go about “wreck[ing] your chances of a financially comfortable retirement”. For more, 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.