Getty Thinking of retiring abroad in 2020? Have you seen these headlines in recent months? “Death Toll in Chile Protests Since October Rises to 27,” “Nicaragua Has a Simple Message for Protesters: Don’t,” “Thousands Flee to Shore as Australia Fires Turn Skies Blood Red,” “Hong Kong Protesters Return to Streets as New Year Begins,” “Strike
Retirement
Getty It’s a new decade and that means new beginnings. For many, that means New Year’s resolutions regarding their personal finances. While resolutions might differ from person to person, they all address the same issue – the need for financial stability and prosperity. Yet for many in their forties, the search for financial stability can be elusive. In
By Megy Karydes, Next Avenue Contributor Getty When making New Year’s resolutions, some people choose to set an intention or goal and some choose a particular word to help them stay focused. Others, like Chicagoans Tracy Marks-Seglin, founder of Strategic Words Communications, and her urban planner husband Dave, think about what they want less (and
Getty The SECURE Act, I lamented in December, had bipartisan support but languished in the Senate until it was finally passed as a part of a massive budget bill. And it will not surprise readers to know that I am not jumping on the bandwagon of “the SECURE Act will change everything” because I’m irritated
Financial queue (Photo by Dominic Lipinski) PA Images via Getty Images To live off a portfolio, you need yield. But you can get into terrible trouble reaching for it. These days the average payout on stocks and bonds is a meager 2%, and it’s hard for a retiree to survive on that. I’ll show you
So, the ball dropped in Times Square, we all witnessed Anderson Cooper giggling, and now it’s time to make your New Year’s resolutions. Resolved – go to the gym every day, lose weight, and of course make estate planning New Year’s resolutions. Following is a list of various planning points that you may want to
Share to facebook Share to twitter Share to linkedin The S&P 500 rose 29%, the best yearly return since 2013. Wang Ying/Xinhua News Agency/Getty Images Topline: The market boomed in 2019, with major indexes hitting numerous record highs as stocks posted their best annual return in six years, thanks to the U.S. economy’s moderate expansion
Getty As a new decade and year are about to begin, professional forecasters are, of course, going through the exercise of guesstimating the future course of the markets and U.S. economy. From what I’ve seen, they’re generally expecting the record-breaking U.S. expansion to continue at a middling 2% pace in 2020. Among the factors routinely
Bond prices are sensitive to interest rate changes, and bond duration is a measure of just how sensitive. For instance, in Exhibit 1.1 (shown in my last article), an increase in interest rates for the simple bond from 3 percent to 4 percent caused the bond’s price to fall by 8.1 percent. This bond has
By Jamie Hopkins, Next Avenue Contributor Getty The new Setting Every Community Up For Retirement Enhancement (SECURE) Act, just signed by President Trump, is the broadest piece of retirement legislation passed in 13 years. Ultimately, the law focuses on retirement planning in three key areas: 1) modifying required minimum distribution (RMD) rules for retirement plans;
Hands Of Father Giving Jar Of Coins To Child On Wooden Table Background – Inheritance / Parent … [+] Providing For Children Concept Getty The SECURE Act (Setting Every Community Up for Retirement Enhancement) was passed in late December and includes a variety of changes that primarily revolve around retirement plans. Let’s explore some of
“The End of Old Age: Living a Longer and More Purposeful Life, by Marc E. Agronin, M.D. Da Capo Press, 227 p. The title of this valuable book on aging seems over-reaching and marketing driven to to me. But I’ll concede the author’s premise: that our predisposition to view aging as a depressingly high hurdle
Getty Social Security is the primary retirement income source for many Americans – for over 60% of them it provides more than half of their retirement income. Security discussions often focus on retirement security, but a number of related benefits also deserve the spotlight, such as survivor benefits for a surviving spouse. Survivor benefits play a crucial role in
Follow these tips to crush your financial goals in 2020. Getty In a survey by Fidelity Investments, 67% of Americans said they’re planning to make financial resolutions for 2020, with saving more and paying down debt topping the resolution chart. Of course making such resolutions is easier than keeping them. A third of New Year’s
Praying woman in the city. Getty The lyrics to a Jim Reeves classic song capture the heartbreak Employee Retirement System of Rhode Island (ERSRI) stakeholders, including taxpayers and pensioners, must be feeling this holiday season. Please release me let me go for I don’t love you anymore … To live a lie would bring us
The Setting Every Community Up for Retirement Enhancement Act of 2019, called the “SECURE Act” makes significant changes to how IRAs and certain retirement benefits must be treated post-death. We reviewed many of the changes and planning implications of this new law on your IRA and retirement benefits in “SECURE Act New IRA Rules: Change
As 2019 draws to a close and the calendar turns toward the new year, it is an opportune time for investors to position their stock portfolios for 2020; with the S&P 500 near a record high and interest rates on the decline, high-yield dividend growth stocks are especially attractive for income investors, asserts Ben Reynolds,
A record high S&P 500 has done more than just confound prognosticators. It seems it has also made us feel quite confident in our finances. This assuredness has impacted how we plan for the year. According to a new survey by Allianz Life Insurance Company of North America, only 14% of those surveyed will set
Getty You’re probably spending more money on your grandchildren then you realize, and it could hurt your retirement. Grandparents are spending a lot of money on their grandchildren, according to an AARP study. On average grandparents spend $2,572 annually on the grandchildren, according to the study. But that’s only an average. Many spend much more.
Shutterstock We expect investment experts to have crystal balls that allow them to see how the stock market is going to perform in the future. Of course, they don’t have crystal balls, and their predictions often aren’t helpful. The problem with expert predictions of the stock market isn’t that they are wrong — which they