What actions can retirement investors take in response to the current market conditions? The commonly-dispensed advice from financial experts, at least for those for whom retirement is still a ways off, is to do nothing and stay the course. But investors feel a strong need to do something – and today’s article identifies one action they can take that makes…
How can you protect your retirement from the coronavirus’s tumultuous impact on the stock market? That depends on whether you’re still relatively young, nearing retirement, or in retirement – and today’s article outlines specific advice for those in each group. For more – including several safe short-term mutual funds and ETFs that may be worth considering – CLICK HERE.
“Instead of worrying about how far share prices will fall or how widely the coronavirus will spread, think about the opportunities,” advises the author of today’s article, who proceeds to outline four opportunities he sees currently – including an opportunity for retirees who need cash from their homes. For more, CLICK HERE
For retirees who want to avoid the sting of high adviser fees, investment newsletters can be one of their best – and low-cost – friends. As today’s article explains, “There are a handful of low-cost newsletters available with decades-long track records that provide independent advice. They are not produced by the fund companies they cover. And they offer guidance through…
It’s a question that could not be more relevant for those planning to retire in the near future than it is right now: Should you delay retirement in light of recent market volatility? The answer offered by the author of today’s article is “You probably should – but that’s not the whole story.” So what is the “whole story” on…
“This is very disconcerting and very bad timing,” says Tracy Donaldson, a newly retired Floridian who had the extremely bad luck of retiring the same week the Dow dropped significantly on coronavirus fears. But while Donaldson’s guaranteed pension and Social Security mean he’ll be fine even in the event of a lengthy downturn, many retirees may find themselves in a…
What are the most reliable stocks for retirees? Today’s article seeks to answer this question by looking at two articles from Kiplinger, one featuring a “group of retirement stocks that includes both pure income plays and growth companies, with a focus on very-long-term performance and durability”, and a second highlighting 20 dividend stocks that “should fund at least 20 years…
When it comes to Social Security benefits, the author of today’s article points out an unfortunate reality: “Many retirees are depending on their benefits for a substantial source of income, yet they don’t fully understand how to maximize those monthly checks.” She proceeds to outline a little-known Social Security strategy for couples that, while perhaps not a pleasant one to…
What is the more important investment decision when it comes to your retirement portfolio: asset allocation (how much to allocate to various asset classes) or security selection (which specific securities to purchase to fulfill your asset allocation)? For many investors – and retirement planners – the answer has long been the latter (security selection), but a new study suggests that…
What are your chances of getting rich? That depends to a large extent on where you fall in what the author of today’s article calls the “Getting Rich Quadrant”, which considers the combination of one’s income (high or low) and cost of living (high or low) – and depending on your particular combination, you could be well on your way…