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From Birch Gold Group Public and private pensions are in trouble. There needs to be a major overhaul to the way pensions are operated or they will likely go extinct. Worldwide, pensions … Read more
From Birch Gold Group The trade war between the U.S. and China has escalated once again. Except this time, China signaled its intention to weaponize the yuan to combat tariffs issued … Read more
Wolf Richter of Wolfstreet.com actually ran the numbers of how much governments steal per year through financial repression from savers and retirees in the US alone. So now we have … Read more
From Birch Gold Group It seems like the market is responding urgently to what the Fed has been saying about rate cuts, as the market has been on a rather unusually long bull … Read more
From MarketWatch: First the good news: As you know, the stock market has surged for more than a decade. Since the recession low of March 9, 2009, the S&P 500 has rocketed … Read more
via MarketWatch: First the good news: As you know, the stock market has surged for more than a decade. Since the recession low of March 9, 2009, the S&P 500 SPX, -0.62% has … Read more
From Birch Gold Group Whether or not you’re relying on a pension for part of your retirement, there is a grim future on the horizon for retirees tied to the pensions’ demise. John … Read more
by Lance Roberts Mark Hulbert recently wrote a piece suggesting “Retirees Should Not Fear A Bear Market.” To Wit: “Don’t give up hope. I’m referring to what many retirees are most afraid … Read more
From Birch Gold Group Retirees already have plenty of things to be concerned about. Now, they can add tax planning to the list. Anyone who has taxable income files a tax return each … Read more
From Birch Gold Group This coming January there will be 62 million Social Security (SSI) beneficiaries who will get 2.8% more in the form of a cost-of-living adjustment (COLA). Obviously any increase is … Read more
by howmuch Experts agree that you need a lot of money to retire. Life expectancy continues to increase, which means you must have a larger nest egg before leaving the workforce. Inflation … Read more
by Lance Roberts A couple of weeks ago, I discussed the coming “Pension Crisis.” The important point made was the unrealistic return assumptions used by pension managers in order to reduce the … Read more