The soaring stock market is reaching previous highs, but is there room to grow?
Last week, the Dow Jones industrial average closed above 13,000 — its highest point since December 2007. This looks like good retirement planning news for those of us who are trying to figure out how best to finance our retirements with income from investments.
In light of last week’s news, Black Rock, the largest asset-management company in the U.S., offered these five suggestions for maximizing retirement income.
Expand your investment horizons. According to a United Nations population survey, a 65-year-old couple in the U.S. has a 50 percent chance that one of them will live to age 92 and a 25 percent chance that one of them will reach age 97.
The year has started with a bang as far as stock market investors are concerned. Yesterday, the Dow briefly crossed 13,000 for the first time since May 2008, and many traders are starting to consider whether investors are missing out on a significant rally if they stay on the sidelines, according to CNBC. The Dow,