Retirement

Investors watch a stock trading board at a Shanghai brokerage firm. More U.S. pension money is mandated into China’s stock market. Some in Washington DC see a chance of making sure Fed employee pensions never go in there. Photographer: Qilai BLOOMBERG NEWS Make no mistake about it, wheels are in motion to ban some $49.5

© 2019 Bloomberg Finance LP The US-China trade war has provided Indian Prime Minister Modi with an opportunity he couldn’t refuse: to change the game in Kashmir for China and Pakistan. Back in August New Delhi terminated Article 370 of the Constitution, asserting its power in the disputed Kashmir region. This week, India called on

A power of attorney can be a powerful document. Yet, it is often overlooked in estate planning. People tend to focus their energies on their wills and trusts, naming someone to serve as their power of attorney at the last minute. This is an important decision and not one that should be taken lightly. Here

Source: Stock.Adobe.com How to avoid the danger of relying on “annual returns” to evaluate your portfolio Like other sports fans, I am drawn to how a player is doing during the current season. After all, sports is very much about being in the moment, and in this season. The old Brooklyn Dodgers cry of “wait

Are you responsible for keeping the wheels rolling on your company’s 401(k) plan? It’s probably not your main job, and that’s the problem. Supersize firms can afford to hire dedicated staff to manage and administer their 401(k) plan. You can’t. And if it’s your own firm, you may not want to. You may prefer keeping

Welcome to Illinois sign along the state border Getty This is something of a postscript to last week’s articles on Chicago’s pension debt, as I ask myself how realistic the prospects for reform truly are, and try to tie up some remaining loose ends. In particular, with respect to the former, I’ve been chewing on

Caitlin Boston paid off $223,000 of student loan debt. Courtesy of Caitlin Boston When Caitlin Boston finished paying off $223,000 of student loans, she did something amazing. She made a music video of herself dancing in a purple catsuit. Boston, who’s 34, lives in Brooklyn and works in the tech industry, amassed more than a quarter million dollars

If you’re like most pre-retirees, retirement planning starts by asking if you’ll have enough income during your retirement. If it appears you’ll generate adequate income, the focus shifts to tax and investment techniques that will maximize this income. In other words, “given my income, how can I retain more of it?” However, if you’re upper

Today I’m going to show you how one savvy buy can help you turn $100K into a $500,000 windfall. Plus, you’ll “automatically” build yourself a tidy monthly income stream—I’m talking $2,700+ here—without lifting a finger. That’s enough for many folks to retire on. At the center of it all is a little-known group of investments

Estate Planning is more than just having a will, it is about planning for a good end of life. Getty When I ask retirees if they have an updated estate plan in place, I get a mix of responses. Some people recognize their estate plan is lacking, as millions of Americans either don’t have one

Scientists at Intervene Immune and Stanford Medical Center say they have proven that “epigenetic aging can be reversed in humans.” young and old face before and after concept Getty By testing the blood samples from a clinical trial designed to reverse aspects of human aging, scientists found significant reversal in their epigenetic ages. While they

How much do you need to save to retire comfortably? Not as much if you think if you buy the right monthly dividend payers. How you invest your retirement portfolio is more important than how much you have. Especially today, with “dumb” retirement money collecting just 1% in safe bonds. That 1% won’t even get

Share to facebook Share to twitter Share to linkedin Pay attention to your medical insurance when you transition to Medicare. Getty Many Americans celebrate their 65thbirthday because that’s the year they become eligible for Medicare. They hope they’ll start paying less for medical insurance premiums, and also they no longer need to worry about being

Multiculturalism and globalization have helped drive immigration and growth to major hubs, but in some cases, it has also caused brain-drain and damaged the economies of immigrants’ home nations. The Caribbean has experienced widespread immigration and boasts a large diaspora worldwide relative to its population .  Jamaica, which is home to 2.9 million people is

Share to facebook Share to twitter Share to linkedin Photocredit: ASSOCIATED PRESS Bonds had benefited from a trifecta of cycle support. Not only were bonds in the strong period of seasonality as depicted in chart 1, but both the weekly and the monthly dynamic cycles pointed up. Chart 1 US Notes have left the strong

Is each generation trading a secure retirement for a college education? Getty It’s that time of year again in Boston. September — when the streets are jammed with a seemingly endless parade of trucks and trailers. No, it’s not carnival season. It is college season. Parents from all over converge upon a city of 700,000

Chicago River with boats and traffic from above in the morning Getty In response to my latest article on Chicago’s underfunded pensions, a commenter at my personal website shared a link to the Center for Tax and Budget Accountability to affirm his view – and that of many others – that the cause of the

In fighting the US-China trade war, China’s political elite makes a big mistake: it assumes that China has achieved “power parity” with the US. That’s according to a recent article published in the September issue of Current History. It argues that the growing economic interdependence between the world’s two largest economies has given China the

Share to facebook Share to twitter Share to linkedin Investment consulting pioneer Richard Ennis spent much of his youth hotrodding and frequenting Harry’s poolroom. Getty Richard Ennis’ new autobiographic book, Never Bullshit the Client- My Life In Investment Consulting tells the story of his misspent youth, the interest he later developed in finance theory and

Using the new Medicare Plan Finder can be a headache. Getty The new Medicare Plan Finder will be the exclusive source of information for 2020 Part D drug plans and Medicare Advantage plans. According to a CMS promotional video, beneficiaries can create an “online account for a personalized experience.” People approaching age 65 or getting ready to