There are over 8,000 mutual funds and the average participant in a workplace retirement plan has 28 investment options to choose from. However, the author of today’s article advises that “you can create a smart, diversified portfolio with just a handful of mutual funds” – and she proceeds to highlight some model “lazy portfolios” to do just that. To learn…
While the primary casualty of the fiduciary rule – which began to take effect in June – is intended to be conflicts of interest on the part of financial advisers when it comes to their clients’ retirement accounts, today’s article identifies another potential casualty of the rule: the number of mutual funds offered by brokerage firms as they seek to…
FANG stocks are certainly sexy, exciting and have been incredible performers in recent years. However, if your key investment objective is dividend income, the author of today’s article argues that you should be focusing on a different (albeit far less sexy and exciting) acronym: TRUE. While the FANG acronym represents four specific stocks, TRUE represents the four stock sectors that…
That baby boomers face a retirement crisis is a widely accepted fact. But what caused it? It may seem that the answer to this question must be complicated, but the author of today’s article has a relatively simple explanation, stating that “If I had to point to one variable that could explain why so many are so ill-prepared for retirement…
While traditional pension plans are largely becoming a thing of retirement past, 25% of pre-retirees are still fortunate enough to participate in one – but the author of today’s article warns those individuals not to get too comfortable with their apparent advantage when it comes to funding their golden years, cautioning that “there’s a good chance your pension plan is…
With their (at least) 25 consecutive years of dividend hikes and steady-eddy nature, Dividend Aristocrats are appealing investments for retirees or any other income-focused investor. For those looking for an even greater income stream, the author of today’s article suggests an additional investment which – combined with a Dividend Aristocrat portfolio – “could be a profitable combination for income seekers.”…
There’s no question that the wealthy have a major advantage when it comes to retirement – but that doesn’t mean that the less affluent can’t learn a thing or two (or three) from the rich about how to achieve a financially secure – and overall fulfilling – retirement. Today’s article looks at some retirement planning lessons that can be gleaned…
Qualified longevity annuity contracts (QLACs) are still a relatively new option on the retirement planning scene, but they may be an option worth considering when it comes to hedging against longevity risk, with the author of today’s article advising one to “think of [QLACs] as insurance against running out of money if you live to be very, very old, and…
Approximately 10,000 baby boomers are retiring every day – and many may find that saving for retirement was actually the easy part, while the real challenge will be making sure that their nest eggs last as long as they do. Today’s article highlights one financial tool that may be of assistance to retirees who want to avoid running out of…
Whether a major market setback is imminent or still a ways off, the author of today’s article argues that “now is a good time to gauge how your retirement portfolio would likely hold up if the markets were to slump and make needed changes before a downturn occurs” – and he proceeds to outline a 3-step process for this. Are…