In the current era of low rates, the author of today’s article notes that “Stocks will have to do the heavy lifting of funding your retirement”. But will they be able to do so – or will unexpectedly low returns put you at risk of running out of money during your retirement? The author looks at what the most reliable…
When it comes to how to approach investing in retirement (where retirees face several different kinds of risk, including the risk of running out of money due to insufficient portfolio growth and “sequence of returns” risk), the author of today’s article notes that “you need to balance the risk of too little growth with the risk of too much equity…
$400,000. This is the amount the typical 65-year-old couple will need to save in order to pay for out-of-pocket medical and long-term care costs in old age, according to new estimates from Fidelity Benefits Consulting. As per today’s article, that amount is “$60,000 more than the typical couple’s entire savings at retirement, including equity in their home.” To read more…