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.…
When it comes to determining how much money you need to retire, there is no lack of opinions out there. Today’s article, however, highlights “an elegant solution to the problem” devised by one financial advisor that the author describes as a “divergent thinker”: a simple formula based on the market value of your house. For this formula – and why…
When it comes to managing your investments in retirement, the author of today’s article notes that “hiring a financial advisor can set you back 1 percent or more of your investable assets – if you have $250,000, you’ll spend $2,500 per year in expenses. That’s money that could have gone toward reinvesting and growing assets, taking a vacation, paying taxes,…
“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…
After sitting at near-record lows for quite some time, market volatility is back – and investors are contending with the question of what this means for them. Older investors nearing retirement (and who don’t have the luxury of time on their side) may be feeling especially anxious. On top of that, there is the question of where to turn for…
“We think this is a policy shift of enormous magnitude. If Reagan was a Richter 8, this is a Richter 9.” This is how one financial planner cited in today’s article sizes up the tax changes that will come under President Trump and the GOP-controlled Congress. While the general advice is to defer income and accelerate deductions, what specific moves…