Retirement

In-and-out investors do worse than long-term holders. There are numbers to prove that. Timing is everything Getty Are mutual fund investors impulsive? Do they jump into a fund after a winning streak and then sell out, in despair, after a bad stretch? I tested this hypothesis by going to Morningstar MORN , the securities analysis

U.S. Treasury Secretary Steven Mnuchin told the Senate Small Business and Entrepreneurship Committee … [+] on June 10th that it’s too early to discuss another stimulus bill. (Photo credit: Al-Drago) Getty A speedy round of extra stimulus funds, as the economy continues to recoil due to the coronavirus, seems less and less likely every day,

Getty Just when you think it’s safe to go back to the beach, the viral predator returns for a second time. If you’re hoping for a quick rebound in the economy following our initial bout with coronavirus, be prepared for the possibility of more bad news, especially if you’re unlucky enough to work in the

Minneapolis Police Chief Medaria Arradondo addresses the media, Wednesday, June 10, 2020 in … [+] Minneapolis. The press conference follows the Memorial Day death of George Floyd in police custody after video shared online by a bystander showed former officer Derek Chauvin kneeling on Floyd’s neck during his arrest as he pleaded that he couldn’t

This article is a part of a series; click here to read Part 1. Another possible behavioral explanation is the feeling of being poorer after annuitization because of the resulting noticeably lower remaining account balance. This confuses total wealth with the spending power available from that wealth, but it can exert a powerful psychological influence

Getty Last week, I wrote about a newly-handed-down Supreme Court ruling that determined that, in a case where pension plan participants were not actually harmed, they could not sue their former employer for mismanaging their pension. As something of a tangent, I observed that participants in multiemployer plans would indeed be harmed, because there is

TOPLINE The stock market rebounded slightly on Friday, attempting to recoup some of its losses from a day earlier when fears over a resurgence of coronavirus cases led to the worst market drop since March. The market attempted to rebound from a massive sell-off on Thursday. Wang Ying/Xinhua News Agency/Getty Images KEY FACTS The Dow

The House Democrats’ coronovirus economic package is generous, and complex. Getty How should the federal government mitigate the economic effects of the emerging pandemic’s disruption? The White House has not yet provided a specific package of legislative proposals, but for its suggestion of a cut in the payroll (FICA/Social Security) tax which The Hill and

Economic Security Planning, Inc. Today’s column addresses questions about the earnings test, spousal benefits at full retirement age, working for a short time at a job not taxed by Social Security, filing a restricted application for divorced spousal benefits and whether filing for a benefit before FRA is required. Larry Kotlikoff is a Professor of

Resident with visitor flickr Editorial/Getty Images As the coronavirus spreads, many nursing homes and assisted living facilities are discouraging family members from visiting loved ones, and they are screening those who do come. President Trump created additional confusion last night when he urged facilities to “suspend all non-essential visits.” What should you do? There is

A 12-step guide to being somewhat safe and comparatively happy. Decon ready Forbes Are you afraid of venturing out into public? Join the crowd. This guide for hermits is aimed at retirees. Read it if you are (a) not obliged to go to an office, (b) over 60 and (c) an empty-nester. Panicky? Yes. But

Getty Yes, I know, I am just as keen to write about other topics than the public pension funding woes, as readers are to read about them, but I nonetheless find myself revisiting an article I wrote back in January, “Six Key Charts That Prove Why There Is No Alternative To Pension Reform In Illinois.”

The spreading coronavirus affects the financial health of millions of low-wage workers. Getty The evolving coronavirus pandemic is shining a light on massive disparities in the U.S. labor market. It is not enough to have a job. People also need good jobs to be financially secure, especially when facing the challenges associated with the spread

NEW YORK, NEW YORK – FEBRUARY 12: Designer Serena Williams speaks with Anna Wintour at the S By … [+] Serena Presentation during New York Fashion Week: The Shows at Spring Place on February 12, 2020 in New York City. (Photo by Dia Dipasupil/Getty Images) Getty Images Unless you are a pro athlete, movie star,

Getty Planning for, and financing, the retirement years isn’t easy — even before the economic and market turmoil from the spread of the coronavirus. But financing a secure retirement is even harder in large parts of rural America. Rural families, on average, earn 25% less than their urban peers. They’re also less likely to be

Getty The reaction you get when you tell someone that you are going to retire is generally one of enthusiastic congratulations. They will tell you how much you are going to love it, how lucky you are, that you deserve it, and on and on. But how does it make you really feel? For many people, it frequently

Understanding the relationship between bond risk and time to maturity and duration of a bond provides the basis for understanding the bond yield curve. The yield curve shows the yields to maturity for a series of bonds—typically US Treasury bonds—with the same credit quality but different maturity dates, along with the term structure for interest

Getty I hope last week’s Iran head-fake didn’t have you thinking about buying so-called “safe” dividends like Treasuries. Because these tired income standbys aren’t safe at all! With your nest egg yielding a pathetic 1.9%, you’re guaranteed losses, with inflation running at 2.1%. So today we’re going to make a simple contrarian move that will:

By Kelly K. James, Next Avenue Contributor Two friends having conversation at work, woman in her 50s wearing glasses smiling and facing female … [+] manager, agreement, support, collaboration Getty When Kathy Pauss retired from her job as a school secretary a few months before turning 65, the Downers Grove, Ill. resident thought it was

CHICAGO, IL – OCTOBER 01: Illinois gubernatorial candidate J.B. Pritzker speaks during a round table … [+] discussion with high school students at a creative workspace for women on October 1, 2018 in Chicago, Illinois. Pritzker was joined by his Illinois gubernatorial Lieutenant Governor candidate Juliana Stratton and former Secretary of State Hillary Clinton as