If, like many Americans, you find yourself behind when it comes to having enough saved for a financially secure retirement, one potential way to increase your retirement savings is by taking advantage of catch-up contributions. The author of today’s article cautions “Don’t fall into the trap of underestimating how much these extra contributions can potentially benefit your upcoming retirement” –…
“If you follow rich people, you’ll notice that they never actually sell any assets – they instead use them to generate more and more cash flow. We can – and should – do the same,” argues the author of today’s article – who proceeds to highlight five dividend paying (and dividend growing) stocks that have meaningful (above 5%) yields today…
The author of today’s article calls them “the single best way to maximize the chances of a rich retirement” – whether one is still decades away from retirement or is quickly approaching (or already in) retirement. The “them” in question? Dividend growth stocks – and with Congress forever kicking the can down the road on fixing Social Security, they may…
Today’s article describes it as “The single most important retirement strategy” – and how much of an impact it can have on your standard of living in retirement may well surprise you. That strategy, according to a new study? Working a little bit longer – maybe even just an extra few months. For more on the surprisingly large impact working…
A firm with a cult-like following, a “beloved ‘industrial’ firm” with a seemingly attractive dividend, and a group of high-growth names make up the seven stocks highlighted in today’s article as being ones that those in – or those going into – retirement may be wise to avoid, according to experts. For these seven stocks – including “one dividend payer…
Trying to tap a lifetime’s worth of savings—enough to enjoy retirement but not so much that you imperil your later years—has never been easy, but it’s about to get a whole lot harder,” warns one retirement researcher cited in today’s article, who sees a confluence of factors coming together to make this “the worst time to retire since just before the…
The Vanguard Dividend Appreciation ETF, which seeks to track companies that have consistently increased their dividends for ten consecutive years, may seem like a great pick for retirees looking for reliable income. As today’s article points out, however, there is a problem: despite holding companies that have a track record of raising their dividends for ten consecutive years, the ETF…
Today’s article highlights how, in the search for stable and predictable retirement income, some people are choosing to “be the bank”: “As an alternative to a 401(k) account or investing in the stock market, they become private lenders for people who are investing in real estate. And just as borrowers send monthly payments to a bank or mortgage company to…
“It’s important for traders of all skill levels to understand the risk and reward dynamics of every trade they put on,” advises the author of today’s article – who proceeds to outline a simple way for traders to ensure that their reward-to-risk ratio is where it should be in order to profit in the long run: the profit factor. For…
The average monthly Social Security benefit this year is just $1,404. Needless to say, most retirees will need to supplement their Social Security payments – significantly – in order to generate enough income to live comfortably in their golden years. And the three stocks highlighted in today’s article – with their consistently increasing dividend payouts – can play a part…