“The challenging task of getting decades’ worth of savings to last a lifetime can be made more manageable with a single product: an income annuity,” notes the author of today’s article. However, despite this, income annuities have yet to really catch on with investors. Given this, the author proceeds to outline who may benefit from an income annuity (and who…
How much of investment advisers’ annual returns is due to luck versus genuine ability? One attempt at measuring this, outlined in today’s article, concluded that 92% of advisers’ annual returns is due to luck! “This isn’t to say that ability plays no role in beating the market. But a healthy respect for the far larger role that luck plays is…
What does the current amount of your retirement nest egg translate into in terms of future monthly retirement income? In light of the fact that a recent piece of research found that more than half of U.S. workers aged 20 to 79 have difficulty figuring out this conversion, today’s article identifies two ways to estimate that monthly income figure –…
Whatever your planned retirement age, you’re likely to retire closer to age 61 than you think. This is one of the findings of a recent study of retirement data, which found that “planned and actual retirement ages align at 61, with those planning to retire earlier than that tending to retire later than expected, and those planning to retire after…
“The number of Americans over 65 years of age is expected to double to around 98 million by 2060,” notes the author of today’s article – making the three high-yielding real estate investment trusts he proceeds to highlight (each of which owns medical buildings or housing facilities that will be in increasing demand as the country ages) potentially ideal investments…
Are you trying to play catch up with your retirement savings? Looking to retire early? Whatever position you currently find yourself in relative to retirement, today’s article outlines ten “commandments” that may be worth following in the aim of ultimately achieving a comfortable retirement. For these ten commandments – relating to Social Security, estate plans, taxes, health care, pre-retirement lifestyle…
Earlier this summer, a Barron’s cover story advanced the claim that this is “the worst time to retire since just before the dot-com bubble burst”, pointing to the nearly decade-long stock bull market (and even older bond bull market) – and the “rising market volatility, rising inflation, rising interest rates and an uncertain economic outlook” expected to result – as…
While there are some general rules of thumb for retirement income-replacement rates (e.g. 75% to 80% of working income), pinning down your individualized retirement cash flow needs can be difficult. As the author of today’s article notes, “higher-income, higher-saving households may well need just 60% (or even less) of their pre-retirement income during retirement, while lower-earning, lower-saving households may need…
Today’s article outlines how an initial investment of $300,000 in six specific funds (from “an obscure corner of the market”) can create a significant, reliable income stream for retirement. Specifically, “this portfolio has a 7.9% yield, meaning our $305,000 initial investment is going to give us $24,000 in annual income—that’s $2,000 per month!” Moreover, these six funds offer growth in…
Amid the low interest rate environment of recent years, many income-seeking investors have turned to high-yield bond funds and dividend mutual funds in the search for higher income. However, with interest rates now rising, these funds are becoming riskier – leading the author of today’s article to suggest an alternate strategy to generate income: investing in pass-through securities, which “are…