Most Americans are not saving sufficiently for retirement. But even those who have been diligent retirement savers during their working years may encounter difficulties when they reach retirement, with the author of today’s article cautioning that many in this financially fortunate group “find it hard to flip the switch from saving to spending.” For his advice on how ardent retirement…
If faced with stock market volatility or a downturn in retirement, would you reduce your investments in stocks? In one survey, a third of pre-retiree respondents indicated that they would do just that – but this may not be the best (or even a good) strategy. What does the author of today’s article point to as being “The key to…
High-yield exchange-traded funds can be attractive to retirees seeking current income or to any investor seeking diversification. However, the author of today’s article reminds us that “handsome yields always come with a cost in either higher risk or diminished growth” – and so, in order to help navigate the world of high-yield ETFs, he highlights what he sees as the…
How can investors – especially retired investors – beat the market without fail? The author of today’s article outlines “a simple step-by-step common sense-based strategy” to do just that, with the following caution: “What I will be presenting may not be what you are expecting, particularly if you have a narrow notion of what beating the market means. In other…
The SECURE Act, which went into effect on January 1st, will change the way workers save for retirement, the way retirees spend down their retirement savings, and the way beneficiaries will receive money from inherited retirement accounts. But the various provisions of the SECURE Act aren’t the only ways that saving for retirement will change this year. As today’s article…
Interval funds. Non-traded real estate investment trusts. Private placements. In the hunt for higher yields, superior total returns and diversification, the author of today’s article notes that retirees “are venturing into some murky waters” – and cautions that “Investors considering a foray into less-liquid, more-complex holdings need to scrutinize these investments’ fees, withdrawal restrictions, valuations, volatility and other risks.” For…
If there was a way you could increase your retirement balance by tens of thousands of dollars in a relatively short period of time with small amounts of additional savings, would you do it? Probably. And fortunately, as today’s article outlines, there is a way to do just that: catch-up contributions. To illustrate just how much of a difference even…
With numerous studies indicating that “steady buying of quality companies at reasonable to attractive valuations is far better than market timing”, the author of today’s article buys $750 of a dividend stock every week for their retirement portfolio. For the three stocks under consideration for this week’s purchase and an in-depth look at the pros and cons of each, CLICK…
“Over the course of your lifetime — unless you’re making a lot of money or live extremely modestly on a reasonable salary — you’re going to find it hard to simply put away enough money to retire. The money you put away should, ideally, be working for you and growing at a pace (much) faster than inflation,” notes the author…
Socially Responsible Investing (SRI) and Environmental, Social and Corporate Governance (ESG) have been gaining popularity as investment approaches, but are ESG/SRI funds good for retirees and soon-to-be-retirees? The author of today’s article believes that “The ensuing debate over SRI and ESG investing is potentially an existential one for retirees and soon-to-be retirees”, given the question as to whether these approaches…