Research has found that over a 150-year period (1870 to 2015), owning a home has proved to be one of the most stable and secure holdings compared to other types of investments. While offering the added benefits of providing shelter and leaving it as a legacy, residential property is generally viewed as a financial asset… Read More
Follow the plan. It’s the single most important document you’ll have in retirement, because without it, you’re wandering aimlessly. But a plan is more than a 5-step, 10-step or etc. process. Your retirement plan should have subsections for each plan, to potentially prepare yourself for unseen scenarios that may pop up. And most likely, these… Read More
Consumer prices fell by 0.8% on a seasonally adjusted basis in April, the biggest drop in more than a dozen years, the Bureau of Labor Statistics reported. Conversely, prices for grocery items jumped 2.6%, the highest one-month increase in 46 years, with eggs rising by 16%.1 What’s going on here? Well, the devil is in… Read More
There are all these so-called “proven” formulas and strategies to lose weight, be successful, earn lots of money. But when it comes to retirement, quote-unquote “proven” concepts could do damage to your retirement. Because no two retirements are the same. You don’t want to rely on a cookie-cutter strategy for your life savings. You need… Read More
In April alone, the U.S. lost more than 20 million jobs — increasing the unemployment rate to 14.7%. Researchers say one of the demographics hit hardest during the pandemic is women workers. Women tend to hold a disproportionate number of jobs in industries such as hospitality, health care and education. Consequently, the unemployment rate for… Read More
If the year 2020 has taught us anything, it’s that income is critical. There are all sorts of ways to make money and earn a living while you’re working. But when you’re retired, the choices are different. Today’s show is all about what you should know about creating income in retirement.
In normal times, the stock market is often a reflection of the economy. But these are not normal times. Even though April was marked by a global shutdown of businesses, rampant unemployment and low economic growth, the S&P 500 Index ended the month up 12.9%. This represented the highest one-month gain since 1987 and posted… Read More
