The United States is not #1 when it comes to retirement security – in fact it failed to even crack the top 10 on the recently released 2016 Natixis Global Retirement Index, which assessed and ranked 43 countries on the retirement security of their residents. Instead, the U.S. ranked “a middling No. 14, right after Luxembourg and several notches below…
While we frequently hear and read about how most Americans are not saving enough for retirement, those fortunate enough to have lots of money to sock away in retirement accounts may be facing a problem of their own. Today’s article examines the increasing number of “proposals to stunt the growth of outsized retirement accounts”, including those contained in President Obama’s…
“A good sign that people aren’t saving enough [for retirement] is if they run out of money once they’re retired. But that’s not happening,” points out today’s article which focuses on the finding that, despite the constant drumbeat of concern that Americans aren’t saving enough for retirement, wealth actually appears to increase for most retiree households over the course of…
While today’s article takes the position that stocks should still be a major part of the investment strategies of retirees, it acknowledges that “certain stocks work better in retirees’ portfolios than others.” As such, the three contributors each highlight one of their favorite stocks for retirement. To read more about these stocks – which include a real estate investment trust…
“Wall Street has done a remarkably thorough job of brainwashing investors into rolling their old 401(k) accounts into individual retirement accounts,” argues the author of today’s article which looks at why rollovers may be good business for financial services firms but a lousy choice for retirement investors. What does the author believe you should really be thinking when financial firms…
How would a Hillary Clinton, Donald Trump (or Libertarian candidate Gary Johnson) win in November impact a current retiree or soon-to-be retiree? Today’s two-part article provides a retirement-focused overview of the candidates’ positions on Social Security, as well as Medicare and Medicaid. For the candidates’ stated positions on raising the retirement age and protecting Social Security, CLICK HERE to read…
The good news? The length of time the average 65-year-old can expect to continue living is at an all-time high (20 years) and continues to rise. The downside? Having to ensure that one’s nest egg will last this longer period of time. One step towards success in this regard is investing in stocks that are well-positioned for long-term profit growth,…
With all the complicated and interconnected questions that individuals nearing retirement must contend with, is it possible that software could provide more individually tailored and holistic answers to these questions (and in a more cost-effective manner) than an adviser? Today’s article outlines how Matt Fellowes, who recently resigned as Chief Innovation Officer at Morningstar Inc., is building a beta version…
With it being so often repeated that the key to a secure retirement is to start saving early and put enough into your 401(k) to get your employer’s match, today’s article argues that many investors are overlooking (or underutilizing) another important savings tool – health savings accounts: “According to some advisors, HSAs are also the Holy Grail of savings vehicles…
Everyone loves surprises – but not when you are a retiree and the surprise is the size of your Social Security check. Today’s article cites a recent survey which found that, for 29 percent of retirees, their benefit ended up being less or much less than expected. Moreover, the survey found that many pre-retirees are simply guessing as to how…