‘Whatever you do, don’t try to sell us an annuity.’ When 60-something couples visit a financial adviser’s office for help with retirement planning, these are often the first words they say after sitting down. Most of what they’ve read about annuities has been eye-glazing or frightening. But don’t write off annuities yet. Owning annuities can
WASHINGTON, DC, 2019/07/31: Seema Verma, Administrator, Centers for Medicare & Medicaid Services, U.S. Department of Health and Human Services speaks during the Heritage Foundation’s event. (photo by Michael Brochstein/SOPA Images/LightRocket via SOPA Images/LightRocket via Getty Images President Trump’s Medicare chief, Seema Verma, may have signaled the beginning of the end of Medicare’s three-day rule—the requirement
Real estate investment trusts (REITs) are great potential fits for any modern retirement portfolio. With interest rates ticking down from 2% to 1% and, perhaps, eventually 0%, these generous dividend payers are benefitting big time. REIT stocks tend to yield twice as much as regular ol’ stocks. They collect rent and pay it directly to
What if there was a way you could tap this market correction to grab the biggest S&P 500 stocks cheap—all while hedging your downside and getting a 7.2% dividend yield? It’s not only possible, but you can do it in one single buy. More on that in a moment. First, I’m pounding the table on
Congratulations, you have finally signed your estate planning documents. Now, where do you keep them? Many lawyers (myself included) will hold your original documents in their firm’s will vault. Years ago, that consisted of an actual vault or bank safe that was locked and fire proof. Nowadays, many law firms use fireproof, locked file cabinets.
Will you be richer if you run away from your Equinox gym membership? MediaNews Group via Getty Images This is an article delves into a few financial planning questions I’ve meant to answer for quite some time. Is Equinox worth the astronomical monthly dues? Would the gay community be better off saving that money for retirement? Will
Visit our website, www.stcira.com or call 866-682-3683 for more information. This webinar discusses self-directed retirement accounts and real estate investing. Additional topics include using leverage and non-recourse loans and partnering with other funding sources .
I want you to think about your very first reaction when you flick on the TV and see the Dow has crashed 300, 500—even 800 points. It feels like you’re drowning, right? It’s physical, like a gasp after falling into a cold lake. Your first instinct is likely to reach for the closest “life preserver.”
Volatility is back! With the market whipsawing again, you’re likely seeing more red in your portfolio these days. At times like this, you might be tempted to give in to emotion and sell. That’s understandable—self-preservation is, after all, our most powerful instinct. But keep your nerve. Because now is the time for contrarians like us
In my previous article, I outlined the “Foundation Questions” for Social Security. Let’s go a bit deeper into one of those questions: Should you consider filing a “restricted application” for spousal benefits? Getty At your full retirement age, the Social Security restricted application provides the opportunity to claim spousal benefits only and defer your own
Getty Aging is insidious. We know life flies but the future seems so far away. One day you are 30 and the next you are 50 years old. You don’t feel and look much different, but you probably notice that your parents are getting old-old. And you are worried about them. Are they okay financially?
This episode is for anyone who wants to retire early – which probably is everybody! I’m going to show you the shocking truth about saving and you won’t like it. But of course, I’ll also be sharing the fastest way you can retire and it’s not a joke, I did it myself. Not a math
So far this year, tiny Shake Shack is beating mighty McDonald’s on Wall Street. The fast food company’s shares have gained 87.67% YTD, while McDonald’s shares have gained 22.11%. Both companies are beating the market average—see table. Company/Index Current Price Price Gain YTD Qtrly Revenue Growth Profit Margin Shake Shack $85.24 87.67% 31.30% 2.96% McDonald’s 216.13 22.11*
There will be more 1,000 point down days. Getty When the stock market is tanking, you don’t have time to do any stock research. That’s why one scenario I discuss with all my managers is what they would do if the Dow dropped 1,000 points in one day. On Monday, our preparation paid off. We made some
Couple Sitting On Couch Shocked At 401(k) Taxes Getty Many people overestimate how much money they have in their 401(k). This overestimation often has two components: how much they can use today and how much that balance buys them in future retirement income. 401(k) accounts are often seen as working like a checking or savings
Banknotes of Zimbabwe after hyperinflation Getty It’s easy-peasy, really. There’s a way to reduce the Illinois and Chicago pension liabilities by half, with no constitutional amendment required, no hard political truth-telling or compromises, no cuts at all. And considering that Chicago’s pensions are 23% funded, and Illinois’, 40%, this is not a minute too soon.
Don’t despair. Times like these are often when the best investors make their best buys. Getty The best time to buy stocks is when they are down for reasons that have little to do with the company. This is one of those times. When lots of big orders to sell hit the market stock prices can
Are Real Estate Rentals A Good Retirement Plan? Website: https://SunCorFinancial.com Subscribe: https://bit.ly/2YDyQ4m Curtis Ray breaks down the math on rental properties from the cost, to the income it produces in a 30 year period. Then compare it with another investment option to see if its worth it. Find out solutions that can out perform other
Don Smith was kind enough to have Clayton on his show to talk about the coming social security retirement crisis, paying down your mortgage in 5 years, financial independence and how tax cuts aren’t just for the wealthy. Download our FREE Freedom Cheat Sheet here ➜ https://morrisinvest.com/freedom-youtube You can support my content & get exclusive
By Michael Lubell, Next Avenue Contributor Stephanie Bass and other comedians at a recent standup event. Michael Lubell Why would a 70-year-old divorced woman with a house in a beautiful beach area close to her daughter and year-old grandson start a new life as a comedian? It’s just doing what comes naturally for Stephanie Bass. “Grandmothers
Easy money will fuel asset bubbles, but it won’t save the global economy from the next recession. That’s according to Ted Bauman, senior research analyst and economist at Banyan Hill Publishing. “The key lesson from historical experiences is that central banks can ease monetary conditions all they want, but they can’t force people to use easy
We buy real estate investment trusts (REITs) for their yields first and foremost. Show us the money! Dividend growth is good, too. A 4% yield looks twice as nice if we believe our income will double in just a few years. After all, a 4% payer that boosts its dividend by 10% won’t yield 4.4%
On this episode, we have an incredible guest, Chad Carson, known as Coach Carson, who is a real estate investor, world traveler, and author of the book, ‘’Retire Early with Real Estate”. Chad took his time to educate us on how to build wealth the right way with real estate investing. This episode is going
When it comes to playing defense, most fund managers’ hands are tied. Getty After a 10-year bull market, it’s easy to forget how bad things can get. Not long ago, between 2000 and 2010, the S&P 500 lost 5.7% a year. The current bull market is already the longest on record. With Brexit, a trade
What is “autopilot spending”? According to a new report by the Urban Institute, “Fiscal Democracy in the States: How Much Spending on Autopilot?“, this is spending that “is determined before governors propose or lawmakers negotiate a budget.” And according to their analysis, based on a high- and low-end estimate (that is, varying definitions of what
Guest Contributor, Alex Murguia, Ph.D., CEO of Retirement Researcher The most valuable asset 99% of us will ever have is our ability to generate income. The reason we go to school and university is to harness the ability to tap into our human capital potential to create an income stream. With skill in hand, you
Will interest rates really get the chop everyone thinks they will as 2019 rolls into the home stretch? The smart money certainly thinks it knows. Beyond tomorrow’s rate cut (which the pros see as all but in the can), futures traders predict two more chops—in September and December. But here’s something no one will tell
Ready to take the next step? Visit http://info.trustetc.com/consult-yt In this session, you’ll learn about: – Self-Directed Solo 401ks and Your Investment Options – Contributing to a Solo 401k and the Contribution Limits – Solo 401k Eligibility – Solo 401k Rules and Regulations – Potential Advantages of a Solo 401k – Roth Solo 401k Equity Trust
The National Institute on Aging (NIA) has an answer for everything. And they want older people to exercise. They say it makes you feel better. They also say it extends your life. So they’ve come up with a list of excuses that keep people from exercising and their corresponding answers that resolve them. One of the 27
Starbucks President and Chief Executive Officer Kevin Johnson. Getty Starbucks (SBUX) turned in a solid Q3 report sending the stock up almost 9% on Friday. Wayne Himelsein, one of my best managers, bought and recommended Starbucks to us on March 9th at $69 and June 30th at $84. He is buying more at $99 and says