While the new “fiduciary standard” promises to help lower costs for retirement investors, how much of an impact does a modest fee reduction have on retirement readiness compared to actions that investors can take on their own such as delaying Social Security benefits or choosing more powerful investments? Today’s article puts this question to Tom Kmak, CEO of Fiduciary Benchmarks,…
“Another ‘niche bull run’ is kicking off right now. And no matter what happens with the broader market, these issues – and their dividends – will roll higher for decades.” Today’s article highlights five companies that are “poised to rake in big business” due to the aging of the massive baby boomer generation, including a drugstore chain giant, an operator…
“Millennials have more than enough financial worries. Now they can add about 2 million more to their list. That’s how much many might need to save to retire.” Today’s article examines how much Millennials may need to have stashed away in order to maintain their standard of living in retirement, and the numbers are substantial. According to various studies, estimates…
“There’s a whole world out here of unique experiences so if you can think there’s another way to live beside the 9 to 5 (and) if you can take the tremendous wealth and income opportunity that the U.S. has and instead of buying stuff and experiences in the short term, you can use it to buy freedom.” Today’s article highlights…
Might the best investments for Baby Boomers be in….Baby Boomers? Today’s article highlights some of the “fantastic investment opportunities” that may be created as this demographic ages. One of the biggest potential investment opportunities? Health care. Why might the specific area of “medical real estate” be “a safer and more predictable investment in the Boomers”? And which retailers may also…
Are you on track to have enough money to fund your desired lifestyle in retirement? Today’s article outlines four methods used by the experts to make this determination and identifies which methods are best depending on how far away one is from retirement. Which method does the author state is “perhaps the most accurate way to determine whether you’re financially…
“When the Obama administration released its new investing regulations aimed at protecting retirement savers from conflicted advice, its name – “fiduciary rule” – doubtless flummoxed some. But behind the clunky term are new standards that could give you clearer information when making decisions about your retirement nest egg.” Today’s article lays out how the new “fiduciary rule” will impact the…
“Wall Street is in love with dividend stocks — maybe too much in love. In fact, dividend-paying stocks have performed so well in 2016 that many are starting to look pricey. That means that retirees, in particular, need to be careful about which dividend payers they’re buying if they’re trying to both protect and grow their nest egg.” Today’s article…
Might the generation that is the furthest away from retirement – millennials – actually be the most retirement savvy? Today’s article argues that “despite the long time horizon, millennials recognize the importance of saving for their retirement” and outlines the specific ways in which this generation is “getting it right”. What can be learned from millennials about tacking expenses, saving,…
“Millions of Americans already are facing tough financial challenges when it comes to retirement. But we’ve only seen the tip of the iceberg if life spans really begin to lengthen.” Today’s article examines what will be required of people in order to ensure a secure retirement if life expectancies rise considerably. Here’s what the author has to say: “The affordability…