Retirement

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

Retirement planning strategies change throughout our careers. While not on the cusp of retirement, as many Baby Boomers are, members of Generation-X are farther along in their career journeys than Millennials and younger generations. With less time to build their nest eggs, Gen-Xers need to pursue different strategies than workers just starting out or those

Eliminating the racial wealth gap benefits all families as it results in faster economic growth. Getty Racial equality has become a central theme of this presidential election cycle. The racial wealth gap – the massive difference in the wealth that African-Americans and whites own – has gained particular attention, in large measure because it has

Source: Stock.Adobe.com It’s time to start using your “risk-management muscles” again I continue to be astonished about something relating to the stock market, and particularly the S&P 500 Index. Specifically, I am amazed at how much wealth aimed at funding people’s retirement is sitting in vehicles tied to the fate of the broad stock market

Let’s brush aside some financial noise today, as I’d like to show you the best retirement investment you can make. I’m talking about secure dividends that’ll grow every year, fund your regular expenses today, plus grow your capital so you don’t have to ever worry about running out of money. You won’t have to worry

The new Medicare Plan Finder raises some security concerns Getty By now, most who work with the Medicare Plan Finder have had a chance to familiarize themselves with the new version. The most onerous change is that beneficiaries must log into their MyMedicare.gov account to access saved information. If they don’t have an account and they

Marijuana for sale on a cannabis tour organized by L.A.-based Green Tours, January 24, 2019. (Photo credit ROBYN BECK/AFP/Getty Images) AFP/Getty Images OK, let’s get past all the jokes about aging Baby Boomers revisiting their youth and getting stoned. As the medical and recreational use of marijuana grows across the country, older adults are increasingly either

Late last July Jason Zweig and Andrea Fuller reported on the front page of The Wall Street Journal how CFP Board has failed at monitoring certificant listings at their LetsMakeAPlan.Org consumer referral website. Zweig and Fuller found certificants whose disclosure histories appeared clean on CFP Board’s site to have, among other causes for criminal felony

null Getty Last week, I promoted, in contrast to Elizabeth Warren’s Social Security plan, a basic retirement income. That’s not a pipe dream. In various other developed countries, it’s a perfectly normal way to provide Social Security benefits. So let’s take some examples from the world of state retirement systems outside the United States, drawing

Credit: Getty Royalty Free Getty During your working career but especially at retirement, you might be offered a deal where you must decide whether to take a lump sum or a series of payments stretched over time. Which is better? For answers, we turn to senior financial planners with the Planning Center—Matthew Sivertsen in Moline,

Wayne Himelsein is buying Mastercard.  © 2019 Bloomberg Finance LP The S&P 500 made a new all-time high last week. Wayne Himelsein, one of my best managers, bought Mastercard even though his confidence in the market has been somewhat weakened by the failure of the Dow and Nasdaq to confirm the S&P 500’s new high,

Runder Besprechungsraum mit Konferenztisch und modernen Stühlen Getty There has been a lot of reaction to the Business Roundtables “Statement on the Purpose of a Corporation” where 180 CEO’s signed a statement on companies being responsive and committed to delivering value not only to shareholders but to all stakeholders including customers, employees, suppliers, communities, and

Share to facebook Share to twitter Share to linkedin Photocredit: Getty Getty There is a projected turning point on the 16th. The market has been rising, and the index is up against its July 26th all-time high. We can expect a pullback. The market is unlikely to make a new low, but let us look

Last Saturday’s sophisticated attacks in heavily guarded ARAMCO’s facilities by Houthi insurgents change the game for the oil market, and for ARAMCO’ Initial Public Offering (IPO). That’s according to Athens-based oil analyst Theophanis Matsopoulos. For the oil market, Matsopoulos sees disruption in oil supplies and rising tensions between Saudi Arabia and Israel on the one

“Who would have thought that a half white/half Korean boy from a lower income, predominantly Hispanic neighborhood would be involved in a tussle with a titan of finance and its army of Ivy League attorneys?” says Johnny Burris. Burris “I’m no hero,” Johnny Burris told me yesterday. “Fighting a desperate battle against one of the largest banks

Where are you going to find meaningful income to get you through retirement? Not from popular stocks, with the S&P paying less than 2%. And bonds won’t help either, as their yields are in the tank, too. Instead let’s consider real estate investment trusts (REITs), which are tailor-made for investors who are at or nearing

In a second, I’m going to reveal three real estate stocks that are much better than buying rental property of your own. Why? Because this trio: Pays a 9.3% dividend, on average—with one yielding an incredible 11%. I think you’ll agree that this is a pretty tough return for most “real” landlords to get. Takes

Felicity Huffman leaves federal court in Boston. (AP Photo/Michael Dwyer) ASSOCIATED PRESS A federal judge sentenced actress Felicity Huffman to prison. Here’s what you need to know. College Admission Scandal Huffman, an Oscar-nominated actress and a star of Desperate Housewives, will serve 14 days in jail for her role in the largest college admissions scandal in

Using the new Medicare Plan finder can be like trying to find a needle in haystack. Getty As of October 1, 2019, the new Medicare Plan Finder will be the only source of information about Part D and Medicare Advantage plans. This is 14 days before the very important Open Enrollment Period begins. Those who

Black man trying to understand Roth IRA. Getty Many people casually throw around the terms Roth IRA and traditional IRA, but there are significant differences, with pros and cons to each. This article explains the value of a Roth IRA as a savings instrument.   Roth IRAs, like traditional IRAs, can accumulate money faster than