“Because calendars often become more cluttered between September and year-end, midsummer is a good time to take a closer look at your financial life,” advises the author of today’s article, who proceeds to outline a number of financial tasks that retirees may want to tackle now rather than later. First up on this to-do list? Making a preliminary assessment of…
“If you’re retired or a conservative investor who cannot afford to lose money, your bank certificate of deposits are about to become worthless. Or close to worthless,” declares the author of today’s article as it appears the Fed is gearing up to cut interest rates. So what are fixed-income investors who want to make money on cash without putting that…
Nearly 40% of U.S. consumers (and nearly 60% of millennials) see winning the lottery as a reasonable way to fund retirement, leading the author of today’s article to scoff that “You might as well bet on the tooth fairy paying off your credit card balance every month.” However, he also outlines how Americans’ lotto habit can actually help fund their…
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…
“Sell in May and go away”. “The January effect”. The “Santa Claus rally”. “Financial hurricane season”. When it comes to whether these seasonal investing adages work, the author of today’s article argues that they work “just often enough to sustain their myths” – and just often enough to negatively impact your retirement savings if you make investment decisions based on…
“Never overlook the pernicious and toxic impact of inflation over periods as long as retirement,” warns the author of today’s article. He outlines why inflation over the next several decades could actually be significantly higher than currently assumed – and how, if that proves to be the case, it would make inflation-indexed annuities (or real annuities), generally considered very expensive,…
Given the fiscal state of the Social Security system, the author of today’s article advises that, when it comes to financing your retirement, “You have to assume you’re not going to get much help from our government, you’re not going to get much help from your employer, and your financial future is all up to you. And that means you…
If you’re one of the (too) many Americans that have too little – or nothing at all – in the way of retirement savings, a simple strategy that could boost your savings by $800,000 (and possibly even more) sounds like something worth having a look at – and that’s exactly what the author of today’s article outlines. And while getting…
“Owning a home is wonderful, but don’t bank on real estate as your chief retirement investment,” advises the author of today’s article, which looks at the reality when it comes to looking to real estate as a source of retirement riches. What’s the problem with banking on homes for retirement income – especially given the fact that many people have…
Robots and a smart fridge keeping you from having to go into a nursing home. Some new (and simple) math for retirement saving. New alternatives to purchasing long-term care insurance. The retirement community of the future. There are among what may be the best new ideas in retirement as, thanks to increasing longevity and the changing nature of work, traditional…