Upset mature couple ignoring each other. Close up of a worried senior man in tension at bed. Senior … [+] couple angry with each other after a fight. Getty Brilliant bond manager Jeffrey Gundlach—aka the “bond god”—has decreed that it’s time to sell “junk” bonds. And he’s gone as far as to say that one-third
Retirement
The Uniform Transfers to Minors Act (UTMA) allows gift givers to transfer money – or other gifts like real estate or fine art – to a minor child without the need for a guardian or trustee. Many people who want to give money to minors like the convenience of establishing a UTMA account – they
WASHINGTON, D.C. – APRIL 14: Sen. Debbie Stabenow (D-MI) speaks to a crowd gathered on the West … [+] Front of the U.S. Capitol building for a rally with Teamsters Union retirees who traveled from across the country to voice their opposition to deep cuts to their pension benefits on April 14, 2016, in Washington,
Senior couple walking on a beach together Getty I’m going to hand you a dead-simple strategy that perfectly lines you up for dividends growing 150%—or more—plus safe current yields of 6.5% and higher. The kicker? This quick 3-step plan positions you for fast 70% upside, too—especially when stocks dive. And if stocks soar? You’ll very
null Getty “Buy low, sell high.” It’s the oldest investor slogan there is—and the deadliest one, too! You simply cannot afford to give in to this “wisdom” today, even though it’s tempting. Now that we’ve seen a couple of days of weakness, you might be wondering if the recent all-time high was a sign to
By Mark Miller, Next Avenue Contributor Getty If you’ve ever experienced a long wait to get help from the Social Security Administration, the agency has some good news for you: the pace is about to pick up a bit. Repeated cuts to the agency’s administrative budget over the past decade by Congress have forced the
Dad Giving His Son Advice About Retirement Getty What Can Be Better Than An Inheritance? A Personal Matching Program Getting an inheritance can be a good thing – or a bad thing. While Millennials may wish their inheritance will someday pay for their retirement, that may or may not happen. According to a 2018 Charles Schwab Study,
Getty When it comes to tax and accounting services in the United States, many corporate clients are asking the question: Am I with the right firm? After all, last year was the first tax season under the Trump Administration tax overhaul – the Tax Cuts and Jobs Act. That brought pitfalls and opportunities. And now
Planning is very important so that you don’t run out of funds stock.adobe.com As a CERTIFIED FINANCIAL PLANNER™ professional, the number one question I am asked repeatedly is ‘will I have enough money to last during retirement?’ According to a Consumer Reports’ 2017 nationally representative Financial Security Survey, 46% of baby boomers (individuals born between
Should taxes drive your decisions? Most experts say not entirely. Other factors may take precedence. Getty Along with Christmas trees, Santa hats, and office holiday parties, year-end is also a key time for financial and tax planning, especially for the millions of employees and executives who have stock compensation, participate in an employee stock purchase
Getty There are few sights more American than a minivan or SUV with a precariously packed car-top carrier on the holiday family journey. You pack your suitcase, you repack the kids’ suitcases, you hope that plastic shell and all its bungee cords will hold, and you head off into the rising sun. You’re packing list
Getty The American Writer Isaac Asimov once said, “Life is pleasant. Death is peaceful. It’s the transition that’s troublesome.” It may come as a surprise to many that one of the most anxiety-filled transitions in life is going from a full time work career to full on retirement. Let’s explore why this is and how
An elderly couople smiling and drinking at a family barbecue in a courtyard. Getty Dividend growth is the secret to a comfortable retirement. Today, we’re going to discuss five stocks with big “payout momentum” heading into 2020. As dividends grow, stock prices, are likely to follow, so pay attention. How do I know? The dividend-growth
By Thomas Cole, Author, ‘Old Man Country’ Getty (We’re always interested in new research and insights about growing older in America and the new book by Thomas Cole, Old Man Country: My Search for Meaning Among the Elders, has them in spades. Cole traversed the country interviewing men in their 80s and 90s — some
Patients wait at the dispensary window for medications at the Esperanza Health Center in … [+] Philadelphia, PA. (DOMINICK REUTER/AFP via Getty Images) AFP via Getty Images Timed to show that they are not just about impeaching President Trump, House Democrats released a far-reaching plan to redesign the Medicare drug benefit. But the measure, which
Man with a metal detector on a sea sandy beach Getty Let’s dive straight into a trap I’ve seen many investors make in the past. And falling into this pitfall again today could cost you a 7.7% dividend in 2020, and considerable upside, too. It involves China’s stock market, which gives all indications of being
14 September 2019, US, New York: The New York Public Library on Fifth Avenue. With over 55 million … [+] media, the library is one of the largest libraries in the world. Photo: Alexandra Schuler/dpa (Photo by Alexandra Schuler/picture alliance via Getty Images) dpa/picture alliance via Getty Images Say you’re retired in a suburban town.
Getty Imagine this: Your employer says not only can you work from home, you can work from anywhere in the world. Hmm… Maybe you’d move near your grown kids in another part of the country and work from there. Or maybe you’d relocate to a less expensive, warmer spot and cut your daily living costs.
This article is part of a series; click here to read Part 1. The fundamental risk for retirement is unknown longevity, which is summarized in the question, how long will your retirement plan need to generate income? It is the risk of running out of assets before running out of time. The length of retirement
The days of traditional pensions are coming to an end as companies continue turning to 401(k)s for employee retirement plans. Some members of today’s workforce, mostly Generation X and older, were lucky to be enrolled in blue-chip pension plans before they were no longer offered. However, new pension access has plummeted to 4% of the