Given its recent moves, investors have reason to be anxious about the market – and none more so than investors who are at retirement’s doorstep. For those in that group, today’s article outlines a number of strategies to consider, as identified by top financial advisers. First, however, the author advises that “It’s critical that you…draft a retirement-income plan”, noting that…
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 author of today’s article notes that, while “most retirees can sail through the first nine months of each year without a lot of financial to-dos that carry hard-and-fast deadlines…once the fourth quarter kicks off, the calendar gets a little fuller and financial deadlines come up fast and furiously.” As such, she proceeds to outline the key fourth-quarter dates that…
What could be bad about the trend currently underway towards commission-free trading? A lot – especially for retirees. In fact, the author of today’s article describes zero brokerage commissions as “the latest Siren Song to tempt retirees into dangerous behavior.” So what exactly is the concern? It has to do with the effect that zero commissions have on trading frequency…
If you’re looking to diversify your retirement income streams – especially in a way that factors in inflation – investing in real estate can be one avenue to consider. Today’s article outlines four ways you can invest in real estate for retirement – investing in private mortgage funds, purchasing rental property, investing in real estate investment trusts, and cashing in…
For both those in the accumulation phase of their investment careers and those nearing retirement or in retirement, dividend growth stocks have great appeal – even though, as the author of today’s article notes, these two groups may be looking for slightly different things from these stocks (total returns in the case of accumulators and reliable, inflation-beating income in the…
There’s an investment retirees can make that could provide them with a guaranteed return of over 17% – an investment that the author of today’s article notes is “simple, straightforward and right under our noses—and yet way too often overlooked or ignored.” What is this investment, why do so many not take advantage of it – and why do many…
The author of today’s article is no fan of 401(k) plans, asserting that they don’t work. On the other hand, traditional pensions are largely obsolete. However, he notes that “There is one widely overlooked option that combines the best of the two retirement savings plans.” That option? Cash-balance plans, which are hybrids of traditional defined-benefit pensions plans and 401(k)s –…
There are still a few weeks left of summer, but now may be time to start thinking about the end of the year – especially if you are in or nearing retirement. Today’s article outlines a number of ways that retirees and those planning their retirements can benefit by getting an early start on their year-end financial planning. For more…
What does it take to have accumulated $1 million by retirement age (65)? The author of today’s article outlines how this seemingly Herculean task is “actually much easier–especially if you start saving early–to let your investments do as much heavy lifting as possible.” How can you have $1 million saved by age 65 – and is $1 million even an…