For retirees who want to avoid the sting of high adviser fees, investment newsletters can be one of their best – and low-cost – friends. As today’s article explains, “There are a handful of low-cost newsletters available with decades-long track records that provide independent advice. They are not produced by the fund companies they cover. And they offer guidance through…
It’s a question that could not be more relevant for those planning to retire in the near future than it is right now: Should you delay retirement in light of recent market volatility? The answer offered by the author of today’s article is “You probably should – but that’s not the whole story.” So what is the “whole story” on…
“This is very disconcerting and very bad timing,” says Tracy Donaldson, a newly retired Floridian who had the extremely bad luck of retiring the same week the Dow dropped significantly on coronavirus fears. But while Donaldson’s guaranteed pension and Social Security mean he’ll be fine even in the event of a lengthy downturn, many retirees may find themselves in a…
What are the most reliable stocks for retirees? Today’s article seeks to answer this question by looking at two articles from Kiplinger, one featuring a “group of retirement stocks that includes both pure income plays and growth companies, with a focus on very-long-term performance and durability”, and a second highlighting 20 dividend stocks that “should fund at least 20 years…
When it comes to Social Security benefits, the author of today’s article points out an unfortunate reality: “Many retirees are depending on their benefits for a substantial source of income, yet they don’t fully understand how to maximize those monthly checks.” She proceeds to outline a little-known Social Security strategy for couples that, while perhaps not a pleasant one to…
Can something as simple as how a question is asked have a dramatic impact on an individual’s retirement wealth? A just-published study finds that, indeed, it can! In fact, the authors of the study found that “How a deceptively simple question gets asked can lead to an improvement in retirement wealth of up to 50%”. What is this “deceptively simple…
The worst fear of retirees is coming to the end of their money before they come to the end of their lives, and yet, as the author of today’s article observes, “few choose the financial product that is purpose-built to solve that problem”. This is just one of many paradoxes that can “bedevil” financial decision-making, and while there’s nothing we…
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…
“It’s easier than you think to identify Warren Buffett’s top retirement stock. Don’t overthink it. It’s his own company: Berkshire Hathaway,” declares the author of today’s article, who identifies the “secret” that allows Berkshire to deliver such impressive returns – and which makes it “the single best retirement stock out there today.” For this – and more reasons why Berkshire…