U.S. Retirement Crisis Could Lead to an Economic Crisis
There is an immense retirement crisis brewing in the United States. It won’t end well for anyone; it could even lead to an outright economic crisis. Here’s the sad part: … Read more
retirement
Help with Year-End Retirement Account Planning
by Money Metals Year end is drawing closer and investors are thinking about their retirement accounts. Many of them are looking at nice gains in their stock portfolios and wondering if … Read more
Here’s What Could Destroy Retirement Funds… and What You Can Do About It
Via International Man International Man: Back in the year 2000, a five-year CD would pay out about 6%. If you had $1 million, you could generate $60,000 per year with … Read more
An Evolving Threat to Your Retirement Account: Cyberattacks
From Birch Gold Group On top of the various other challenges retirement savers already face, you now have another concern to consider: the possibility of a cyberattack. Imagine if the life savings you set aside … Read more
IRS announces 2020 retirement account contribution and income limit amounts
by NikeSwish www.irs.gov/pub/irs-drop/n-19-59.pdf Main updates: Contribution Limits 401(k)/403(b)/most 457 plans/Thrift Savings Plan increases to $19,500. Catch up limit for employees 50 and older rises to $6,500 from $6,000 SIMPLE contribution … Read more
CNBC: How to save $2 million for retirement if you make $50,000 a year, broken down by age
How to retire with $2 million if you make $50,000 a year from CNBC. As a rule of thumb, most financial advisors suggest you save 10% to 15% of your … Read more
New Law Could Start “Open Season” On Your Retirement Account
From Birch Gold Group Ideas have a way of spreading beyond their initial area of influence. Sometimes, bad ideas can do the same. It sure seems like that’s the case with … Read more
The world is sitting on a $400 trillion time bomb — a massive shortfall in retirement savings has been baked into the financial systems. A problem so big it’s 4X the global economy by 2050.
via QZ: Financial disaster is looming, and not because of the stock market or subprime loans. The coming crisis is more insidious, structural, and almost certain to blow up eventually. … Read more
What Economists Say The U.S. GDP Stalling at 2% Means For Retirement Savers
From Birch Gold Group Many investors are alarmed by the latest GDP figures recently released by the U.S. government because the numbers show an economy that’s stagnating. Gross domestic product is considered the “official … Read more
Class action lawsuit claims retirement fund paying between 0.11% and 0.14% expense ratios is unreasonable and should be closer to 0.015%.
From the WSJ So says a class-action lawsuit filed this month against H-E-B LP, which alleges that the San Antonio-based company has been overpaying for index funds in its employees’ retirement … Read more
Labor Day Reflections on Retirement and Working for 49 Years
by Charles Hugh-Smith What happens when these monstrous speculative bubbles pop? Let’s start by stipulating that if I’d taken a gummit job right out of college, I could have retired … Read more
The “Hidden Tax” That Could Hurt Your Retirement Savings
From Birch Gold Group Retirees have enough potential problems to deal with when it comes to providing security for their retirement, including the disturbing fact that 42% of Americans may retire broke. … Read more
Congress to Make 401(k)’s Riskier For Your Retirement Savings
From Birch Gold Group In June 2018, the White House let a piece of legislation known as the “fiduciary rule” drop, according to Bloomberg: The “fiduciary rule” is officially dead. … Read more
Millennials Aren’t Having Kids. Here’s Why That’s A Problem For Baby Boomer Real Estate & Retirement
After 30-plus years in her career, Donna is counting down the months until retirement. She gleefully shares with me everything she has planned for when she can do whatever she … Read more
3 Signals That Reveal Why It’s Risky to Put Your Retirement on Autopilot
From Birch Gold Group There are plenty of ideas today that sound good at first, and then end up being too good to be true. Being able to set your retirement … Read more