Blacks and Hispanics are likely to face worsening retirement prospects compared to Whites in the years ahead, warns a report from House and Senate Joint Economic Committee Democratic staff. Photo credit: Getty Getty The retirement security gap of Blacks and Hispanics compared to Whites is likely to worsen because of lower earnings and personal savings,
Retirement
© 2018 Bloomberg Finance LP Easy money and trade wars have created a credibility problem for central banks and governments behind major national currencies. That’s bullish for major cryptocurrencies, which have emerged as alternative stores of value, according to somecryptocurrency experts. Alex Karasulu, Co-Founder and CEO of OptDyn, is one of them. “In the 20th
Bill Nygren, a renowned value investor, is manager of the Oakmark Fund, Oakmark Select Fund and Oakmark Global Select Fund, as well as chief investment officer for U.S. equities at Harris Associates, a Chicago-based firm with approximately $118 billion in assets. His Oakmark colleague, Win Murray, co-manages the Oakmark Select Fund with Nygren and serves
Share to facebook Share to twitter Share to linkedin The cost of drugs keeps going up. What can you do about it? Getty We all know that the cost of prescription medications keeps increasing. A recent JAMA (Journal of the American Medical Association) study of the 49 common top-selling brand-name drugs available since 2012 found
In my previous article, I outlined the “Foundation Questions” for Social Security. Let’s go a bit deeper into one of those questions: Should you consider filing a “restricted application” for spousal benefits? Getty At your full retirement age, the Social Security restricted application provides the opportunity to claim spousal benefits only and defer your own
“There’s a force in the universe that makes things happen. And all you have to do is get in touch with it, stop thinking, let things happen, and be the ball.” The movie Caddyshack opens with Chevy Chase’s character sharing this little piece of advice to his young caddy. It turns out, following this advice
The odds are not the same for all investors. Getty This week was a good reminder of how quickly the market can turn. After selling off -3.7% at Monday’s low, the S&P 500 recovered to close down a mere 0.3% on the week. It takes a great manager to make money in a bad market. This
Getty Aging is insidious. We know life flies but the future seems so far away. One day you are 30 and the next you are 50 years old. You don’t feel and look much different, but you probably notice that your parents are getting old-old. And you are worried about them. Are they okay financially?
Source: Stock.Adobe.com If you are around 60 years old, you should read this You are not getting younger. None of us are. But your portfolio strategy may get old fast. Preventing that from happening may help you feel a lot younger. That starts with what I believe is the single biggest threat to retirement dreams
In the previous article, we discussed how your retirement income style provides the personal context needed to help point you in the right direction regarding your retirement income approach. The Retirement Income Style Awareness™ (RISA) quantifies the decision-making factors you are implicitly using when you consider various retirement solutions. It then measures your style preferences