Learn how a single year can make an enormous difference in your retirement cash flow—and why you should wait a year to retire!
The role of luck in a financially secure retirement
A new type of mutual fund was introduced in late 2007, by the fund industry, called managed-payout funds. The goal of these funds is to give retirees a steady stream of income. At the time, they were touted as being an easy way for investors to get regular income payouts, professional money management and relatively low fees. Early players in …
Tools for surviving the investment income famine
UPDATED 2019: This article, originally published in 2010, continues to be one of our most popular posts. Please keep in mind that it is possible some of the facts offered have changed throughout the years.However, our sentiments have not. Scott Burns and I agree on many things. We agree that you cannot beat the market by picking stocks. We agree …
Hedging Your Biggest Risks
Our paycheck protects us against all sorts of risks. You are in a much better position to absorb unexpected bills, divorce, a lawsuit, or a 20 year bear market when you are employed and have a steady and dependable source of income. A paycheck also hedges you against inflation. Typically, your W-2 income will rise over time to account for …
