Required minimum distributions from tax-deferred retirement accounts are, as the name indicates, required once one reaches the age of 70 ½. For those who don’t need to tap their retirement funds, RMDs create a tax obligation – and risk pushing them into a higher tax bracket. Fortunately, today’s article outlines a number of strategies “that can be leveraged to manage…
The single biggest risk you face in retirement may be that you will outlive your nest egg – and the author of today’s article warns that Wall Street’s solution to this risk – the 4% withdrawal rule – is fatally flawed. Instead, his solution is to “build a retirement portfolio with an outsized dividend yield.” Why does he argue that…
Of early retirement, the author of today’s article notes that, while the idea of it is appealing to most people, “the discipline and sacrifice needed to adequately prepare for it may be significantly less appealing.” So is early retirement a realistic prospect – or, for that matter, even a worthwhile one – for you? The author proceeds to outline a…
Monthly dividend payers can be especially beneficial for retirees to help cover their monthly bills – and the author of today’s article notes two additional – and perhaps overlooked – benefits of these stocks: monthly dividends are a sign of dividend safety and they allow dividend cash to be put to work faster. He proceeds to highlight three top monthly…
According to the American College of Financial Services, Americans are not particularly knowledgeable about how to preserve their accumulated assets and create sustainable streams of income in retirement. As such, the central question of today’s article is “How do you convert your nest egg into a stream of retirement income that lasts as long as you do?” The author outlines…
A real estate investment trust that is required to pay out the bulk of its profits as dividends (and whose management anticipates 4% annual dividend growth over the next 3 years), a well-run Canadian pipeline giant that is likely to increase its payout significantly in the coming quarters, and a renewable energy focused yieldco whose management expects 12% to 15%…
“While the post-work years can truly be golden for those who plan for them, many retirees are caught off guard by the facts of their new life,” warns the author of today’s article. He proceeds to outline several facts about retirement that, while not necessarily fun facts, are things that he believes those approaching retirement should be cognizant of before…
They correctly forecasted last decade’s financial crisis and its devastating effects on many Americans – and now they are getting nervous about another meltdown when the current bull market ends. Today’s article goes to three market skeptics – including Yale economist Robert Shiller, who warned of a “catastrophic collapse of the housing and stock markets” three years before the ’08…
With retirement comes a shift from receiving a consistent paycheck to needing to tap your various income streams to cover your various expenses – and the author of today’s article argues that “this shift requires a new investment strategy and mindset.” In order to develop this strategy and mindset, she advises to think of retirement as consisting of three unique…
If you’re close to retirement you can thank them for helping to give the return on your retirement savings a boost. But if your retirement is still a ways off, the author of today’s article warns that “you’re going to have a devil of a time getting a decent return on your retirement savings” because of them. The “them” in…