When it comes to generating retirement income, the author of today’s article advises that “Getting yield that’s at least twice SPY’s can make it worthwhile to take on higher costs and other risks” – and he proceeds to highlight several funds for retirement income, recommended by prominent financial advisors, whose yields at least double the yield of the broad market. For the details of these six funds – including the pros and cons of each – CLICK HERE.
If Social Security benefits replace approximately 40% of your pre-retirement income, where do you find the other 60% –and, of particular relevance today, where do you find the other 60% when interest rates are near historic lows? Today’s article outlines one “simple solution” to this challenge, noting that “It can be more volatile than a savings account. And it can require you to do a little homework. But it can offer the retirement income you want.” For the solution in question – which involves diversifying across three different types of investment vehicles offering yields up to 7% or more – CLICK HERE.
Today’s article outlines how an initial investment of $300,000 in six specific funds (from “an obscure corner of the market”) can create a significant, reliable income stream for retirement. Specifically, “this portfolio has a 7.9% yield, meaning our $305,000 initial investment is going to give us $24,000 in annual income—that’s $2,000 per month!” Moreover, these six funds offer growth in addition to income, with impressive annualized returns over the last decade. For more, CLICK HERE.
The author of today’s article outlines how retirees – or any bond investor – “can construct a portfolio of bonds whose total return will almost certainly be higher than the average of those individual bonds’ yields.” How does one accomplish this? By bond laddering – and while you are probably familiar with the concept of bond laddering, you may not be familiar with how “unexpectedly good” a bond ladder’s total return can be. For more, CLICK HERE.
Stocks that pay a monthly dividend can be an attractive option – especially for retirees. As the author of today’s article notes, not only do monthly dividend payers provide income on a schedule that matches up with monthly bills, but monthly payouts can be a sign of a company’s stability and they allow for faster gains if those dividends are reinvested. However, not all monthly dividend payers are solid picks. The author proceeds to highlight four monthly dividend stocks – with yields up to 12% – two of which he believes are attractive buys and two of which are less than ideal. For more, CLICK HERE.
“Basically, retirees, whether they and their advisors realize it or not, are staring four problems squarely in the face: historically high stock valuations, low bond yields, increased longevity, and increasingly expensive health care,” states the author of today’s article in regards to the four problems that one financial advisor is calling “the four horsemen of the retirement apocalypse.” He proceeds to delve into each of these four issues – and identifies some possible strategies for countering them. For more, CLICK HERE.
For retirees looking for income streams, today’s article highlights a trio of energy stocks to consider. Not only does each of these stocks pay an above-average yield but, more importantly, the author notes that the dividends are low risk as the businesses in question all generate predictable cash flows, have strong balance sheets, can cover their current dividends with room to spare and have clear growth prospects – and, thus, the ability to increase payouts going forward. For these three energy stocks, CLICK HERE.
If you’re close to retirement you can thank them for helping to give the return on your retirement savings a boost. But if your retirement is still a ways off, the author of today’s article warns that “you’re going to have a devil of a time getting a decent return on your retirement savings” because of them. The “them” in question is the Chinese middle class, which the author notes is flooding its savings into global markets – pushing up asset prices, pushing down yields, and creating dim prospects for real returns in the future. So what can younger U.S. workers do in light of this grim reality? CLICK HERE.
With the average savings account yielding a meager 0.11 percent – far less than the rate of inflation – one financial planner cited in today’s article describes using a traditional savings account for your emergency fund cash as simply being a way of “losing money safely”. As such, the author proceeds to outline other options for your emergency fund that can boost returns. To find out what these options are – as well as for the strategy one firm recommends using if you choose to risk your emergency fund in the market – CLICK HERE.
In the current low-rate environment, “generating steady retirement income has never been harder,” declares the author of today’s article. Moreover, the author cautions that yields could just as likely go lower from here as higher. As such, he proceeds to discuss “eight popular sources of retirement income, ranging from dividend stocks to bonds to real estate to annuities, what current rates are for market leading products and the pros and cons of each approach.” For the author’s overview of each of these sources of retirement income – including the one he argues consumers are often too quick to dismiss – CLICK HERE.