Retirement

When most people think about investing for retirement, they think about a financial investment: How much am I saving? Where is it being invested? What kind of return can I expect? Planning your financial investment before you retire is not bad, obviously. But this perspective by itself misses the whole picture. You also want to

Getty Most of us have some vision of what we would like our golden years to look like. We all have different ambitions: strolling on the beach, traveling the world, reading in a rocking chair beside a lake, hitting the golf course every day, spending time with family and friends, or thousands of other permutations.

A rainy night in mid-town Manhattan, 2013.  Something was happening at 8th Ave. and 44th St. — sirens, squad cars, cops cordoning off a corner. My actress girlfriend and I were coming from a theater workshop at the Producers Club on 44th, and she said as we approached the avenue: “You might be covering that

Beneficiary designations are a crucial part of estate planning, yet they are often overlooked. Once you have signed your estate planning documents, you need to make sure your beneficiary designations are consistent with the rest of your estate plan. I have seen many situations where the intent of an individual’s will and trust were overridden

There are two words I’d bet cross your mind every time you buy a stock: “2008 repeat.” As in: “I can’t afford one!” I hear it regularly from Contrarian Income Report readers. It’s obvious why: we’re all 11 years older, and we can’t mess around—we need “correction-proof” growth and big dividends (I’m talking 6% yields

Next Avenue For the past five years, Next Avenue — public media’s first and only national journalism service for America’s older population — has released a list of “Influencers in Aging.” Our goal is to name a dozen groundbreakers who, in the past year, have helped transform attitudes about aging, presented innovative insights and research

Retirement income planning is an important step for all Americans, and efficiency is the goal. Drawdown strategies can help individuals along the way by targeting a monthly cash flow during retirement, minimizing taxes and maximizing government benefits. For the wealthy, however, being fortune enough to have the means to retire comfortably comes with additional financial

Users should be alarmed about all the issues that didn’t get fixed by the new Medicare Plan Finder. Getty The Centers for Medicare and Medicaid Services (CMS) redesigned the Medicare Plan Finder to address many concerns. Probably, the best summary of these concerns is in the July 2019 GAO report, “Medicare Plan Finder: Usability Problems and

Today I want to show you how you can retire on $405,000—and with just five buys, too! Put together, these five stocks and funds hand you a 7.4%-yielding portfolio that will pay you reliably for decades. First, though, let’s quickly run through how our “5-buy” portfolio will work—and how it proves the so-called “experts,” who

I’ve mentioned it before, but it surely bears repeating — successful retirement is about re-building your life from the ground up, replacing the structure and sense of purpose that is lost when you leave the workforce. To speed this process along, there are two rules to keep in mind – keep vigilant and stay motivated.

null Getty Are you ready for Medicare’s Open Enrollment? It’s coming soon, running from October 15 through December 7. If you’re age 65 or older and are eligible for Medicare, you have a golden opportunity to choose wisely regarding your coverage or correct any previous mistakes you might have made regarding your Medicare elections. You

Senator Elizabeth Warren, a Democrat from Massachusetts and 2020 presidential candidate, waves at the Des Moines Register Soapbox during the Iowa State Fair in Des Moines, Iowa, U.S., on Saturday, Aug. 10, 2019. The 2020 Democratic field is gathering © 2019 Bloomberg Finance LP It may seem as if Elizabeth Warren, like Bernie Sanders, has

Energy stocks are en fuego again after a drone strike on a Saudi oil facility. We’re going to (as usual) skip the geopolitical talk and discuss oil dividends that will benefit from this disruption. While “buy and hope” investors ponder basic ways to play the spike, you and I know that about half of energy

WASHINGTON, DC – SEPTEMBER 18: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee (FOMC) meeting on September 18, 2019 in Washington, DC. Getty The Fed cut rates 25 basis points last week. Generally, rate drops are positive for the economy, but the market did not seem

Leveraged loans and CLOs are at record highs. Getty In the last twelve months, I have written almost thirty articles about leveraged loans and collateralized loan obligations (CLOs), because these instruments are all too often illiquid and opaque. Moreover, measuring their market, credit, and market liquidity risks is difficult, especially in an economic or market

Today we’re going to dive into some of the proven indicators I use every day to forecast what’s next for the economy. Then I’ll name an off-the-radar fund holding some of the best-known growth stocks in the US. It pays an 8% dividend and is set to gain as the economy does something too few

Your bonds could get killed by rising rates. Here’s where to buy protection. Inflation is tame. Interest rates are low. Perhaps they are destined to go still lower, even into the negative territory you see in Europe. Perhaps not. There is a small but palpable risk that, sometime in the next decade or two, the

Stock exchange collectibles. Old stock share certificates from 1950s-1970s (United States). Vintage scripophily objects (obsolete). Getty So, as it turns out, Elizabeth Warren’s Social Security expansion proposal is not the only one of her plans to affect Americans’ retirement well-being. But the proposal of hers which will affect Americans’ retirement savings, in their 401(k)s and

Getty It’s 7 a.m., and, like clockwork, the Nonpolitical News digital newsletter lands in my email inbox. I’m a subscriber. After slogging through my daily morning news reading — mostly from national media outlets and my Twitter feed — this free newsletter is a breath of fresh air. It’s filled with short, breezy news highlights

null Getty It’s entirely possible that you could live for 25 to 30 years after you retire. Planning to be financially secure for the rest of a potentially long life requires making a series of complex decisions, each with high stakes. And you often won’t have a “do-over.”  If you can avoid making these seven