by Richard Rosso Saving for retirement isn’t perfect nor as easy as most financial pundits make it appear. Certainly, people with steeled fiscal resolve exist; those not diverted by a major financial life event that has threatened or postponed retirement …
From Birch Gold Group Your “golden years” can only be “golden” if you retire with enough security that you aren’t worrying where your next meal is coming from. Your retirement may also include vacations, relaxing during your free time, or playing …
by howmuch Who doesn’t want to retire early? There’s a new movement among financial advisors called FIRE (Financial Independence / Retire Early). The basic idea is to live below what you could theoretically afford, so that you can maximize retirement …
via americanadvisorsgroup: While the definition of the word retirement means actually leaving your job, we at American Advisors Group know that word means so much more. We have firsthand experience with retirement of all types, and understand the various ways people …
It’s second dividend cut announcement this year for the beleaguered company. GE’s stock is down by nearly 60 percent this year. General Electric made its painful dividend cut official on Friday, with the company’s board of directors authorizing the payout to …
by FS In today’s Lifetime Income podcast, Jim Puplava and Laurence Kotlikoff explain how long-held retirement rules of thumb are failing to meet the needs of individuals in today’s world. According to Kotlikoff, “conventional financial planning is asking the wrong …
Commentary: 40% of the American middle class face poverty in retirement. How do we change that? https://t.co/3pArY3E7SW — CNBC (@CNBC) November 18, 2018 Some 40 percent of middle-class Americans are at risk of poverty in retirement, due to depressed earnings …
From Birch Gold Group Now that the midterm elections are pretty much over, the Democrats control the House, and the Republicans control the Senate. This may have several important impacts on your retirement over the next two years (and beyond, depending …
From Birch Gold Group It’s become fairly common knowledge that public pensions are on the verge of either radical overhaul or extinction. Worldwide, pensions are set to reach a shortfall of $400 trillion. This is a larger amount than 20 of the world’s …
by FIREoManiac https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/press-release/fidelity-q3-2018-account-balances-hit-record-highs.pdf Headlines include: • The average 401(k) balance reached an all-time high balance of $106,500 • Contribution Rates for Women Reach Record Levels • Number of 401(k) Millionaires Increase 40 Percent from Q3 2017 • Average 401(k) Balance for Millennials Saving for …
by Adam Taggart The concept of ‘retirement’, of enjoying decades of work-free leisure in your golden years, is a relatively new construct. It’s only been around for a few generations. In fact, the current version of the relaxed, golfing/RV-touring/country club …
A 49 minute video by real vision that’s slightly sensationalist and tries to scare you with creepy music but all in all has some really good info.
RTD News keeps you up to date on what’s happening around the globe. Thanks for watching this important update, “#SEC Commissioner Warns #RetirementCrisis ‘#Tsunami’ Approaching” Here is today’s articles mentioned in this news update: 1. SEC Commissioner Warns Retirement Crisis …
This article was written by Rory Hall and originally published at The Daily Coin We have detailed this problem over the past 3-4 years warning people about how bad the pensions around the nation have become nothing more than another ponzi scheme. …
From Birch Gold Group In many ways, the current U.S. budget deficit represents uncharted territory. Investopedia defines a budget deficit when “expenses exceed revenue and it is an indicator of financial health.” Referring to the U.S. they added “Accrued government deficits form the …
by ya_yea_yeah A couple years ago when interest rates bottomed out I made the choice of refinancing my 30 year into a 15 year at a 2.75% rate. I was borrowing at a rate of 4.375% prior to this. But …
From Birch Gold Group You’ve probably heard the saying, a rising tide lifts all boats. It means a strong or improving economy benefits everyone. And it should. The problem is, the “boats” that most people are in these days have leaks. …
via marketwatch: You know the old adage that “a rising tide lifts all boats?” What if you don’t own a boat in the first place? That rising tide won’t do much for you, will it? And so it is with this …
by r3dt4rget Here is what I did: Starting from day 1 at my full time time, I was saving the minimum required to get full match in my 401k. So that was 7% with a 3.5% match. I didn’t contribute more …
by Dennis Miller Bob and Ray were close friends; both retired and lived across the street from one another. One fateful morning, each took their coffee into the den, flipped on the computer and checked their brokerage account. As the data …
From Birch Gold Group On August 31, POTUS signed an Executive Order to review policy for required minimum distributions (RMD) on retirement plans and improve retirement security for retirees. At the surface level this seems like a good idea. After all, anyone should …
https://www.youtube.com/watch?v=Ae8cOWZhEY4 The European Union sued Poland on Monday in the EU’s highest court over its ruling party’s changes to the judiciary, which the bloc believes violates the independence of the courts. “The European Commission maintains that the Polish law on …
by Brian Maher of Daily Reckoning Today we bear dire news… Millions of Americans may have to delay retirement for years — if not permanently. Like a squirrel facing a long winter with a lean stash of acorns… 80% of American …
by Lance Roberts Fox Business recently discussed a new study showing that more Americans doubted they would be able to save enough for retirement than those confident of reaching their goals. There were some interesting stats from the study: 37% are …
From MarketWatch: When it comes to money, people usually have a lot of regrets. Some of the most common ones are spending when they should be saving, not looking for a less-expensive alternative when it might have taken only a few …
by Alexander Trigaux, Editor, GoldSilver Mike Maloney’s father had passbook savings accounts (those are his actual passbooks in the video) that returned 13.1%. Mike Maloney had passbook savings accounts that returned 16.9%! At interest rates like these, it’s no wonder …
The vast majority of Americans, 78 percent, say they’re “extremely” or “somewhat” concerned about not having enough money for retirement, according to Northwestern Mutual’s 2018 Planning & Progress Study. And for good reason: A shocking 21 percent of Americans have nothing …
via knowledge.wharton: Sanitation workers, firefighters, teachers and other state and local government employees have performed their duties in the public sector for decades with the understanding that their often lackluster salaries were propped up by excellent benefits, including an ironclad pension. …
by Charles Hugh-Smith Consider how a “balanced portfolio” yielding “balanced returns” worked out for middle class retirees in Venezuela. The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted …
