The herd instinct is a mentality that rears its ugly head when individual decision-making goes out the window and people invest in the same way as everybody else.
For seniors, your retirement benefits from Social Security are likely to be the best annuity payments you receive.
A U.S. district court today prohibited Jason Abraham and his company, Brooklyn-based Instant Response Systems, from calling elderly consumers and bullying or tricking them into paying for unordered medical alert devices.
The yield curve could actually flatten, with longer term bonds benefiting from the tightening with price increases.
The temptation to retire early has to be vetted with a thorough financial plan that considers the expected and unexpected retirement income needs of the retiree.
When investors own a dividend-paying stock, they receive the dividend payments over time but don’t realize any capital gain yield on the stock until the position is sold.
Now’s the time to consider other ways to reduce future required minimum distributions (RMDs) too, such as Roth conversions and purchase of a qualified longevity annuity contract.
When you accept that there’s not a one-size-fits-all withdrawal rate, you can move forward with approaches to estimating sustainable spending each year based on your portfolio’s valuation.
The issue in waiting until April 15, 2015 to fund 2014′s IRA contributions is that you’re losing up to 15 months’ worth of investment returns.
Considering health care costs, a long-term care strategy and managing longevity risk, the goal of not running out of retirement income requires a lot of financial planning.