The findings of a recent study suggest that “retirees tend to reduce spending once they realize they are unprepared for how quickly expenses add up.” However, the study also found that certain subsets of retirees – such as retirees with pensions – spend considerably more than average, which the author of today’s article points to as reflecting “the power of…
When it comes to utility stocks, the author of today’s article notes that “Retirees have been favoring these stocks for years…and they have been handsomely rewarded.” But is it time for retirees to adjust their stance on utility stocks and look elsewhere for income? That’s the recommendation of the man behind a top-ranking newsletter. Why? And, if not utilities, which…
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…
The widely referenced 4% rule suggests that retirees can safely withdraw that amount from their retirement accounts each year. However, the author of today’s article notes that the “wisdom” of the 4% rule collapses when it slams into the reality of a market slump. Instead, he advocates for another strategy for funding your golden years: “investments paying outsized cash dividends…
Required minimum distributions from retirement accounts are generally unavoidable for retirees – unless they want to incur a substantial penalty for not taking them. For those who don’t need the money (or the tax bill), this can lead to resenting RMDs. Today’s article, however, outlines how, rather than being a necessary evil, RMDs can actually serve as an opportunity to…
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…
“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…
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…
In a recent study, 44% of retirees reported that healthcare costs in retirement were higher than they had anticipated – and the financial security expert cited in today’s article cautions that “Higher-than-expected medical and nursing home costs are only two of several ways people underestimate their retirement costs.” What are the three critical ways she sees people underestimate their costs…