Swelling numbers of Americans these days are working in retirement, taking part-time jobs and launching businesses. And retirees are increasingly staying in their homes rather than moving to retirement communities. They’re also, however, breaking the mold in a potentially worrisome direction: embracing debt. The median total consumer debt of households headed by someone 65 or
Retirement
So far this year, tiny Shake Shack is beating mighty McDonald’s on Wall Street. The fast food company’s shares have gained 87.67% YTD, while McDonald’s shares have gained 22.11%. Both companies are beating the market average—see table. Company/Index Current Price Price Gain YTD Qtrly Revenue Growth Profit Margin Shake Shack $85.24 87.67% 31.30% 2.96% McDonald’s 216.13 22.11*
Nine weeks ago, our fellow income investors were concerned about rising tariff tensions and falling stock prices. (Sound familiar?) So, in late May, we discussed seven dividend payers (yielding 6% on average) that wouldn’t go down if stocks-at-large kept dropping. The broader markets soon reversed, as they usually do when pessimism is running high. But
There will be more 1,000 point down days. Getty When the stock market is tanking, you don’t have time to do any stock research. That’s why one scenario I discuss with all my managers is what they would do if the Dow dropped 1,000 points in one day. On Monday, our preparation paid off. We made some
Since the creation of individual retirement accounts (IRAs) in 1974 by the Employee Retirement Income Security Act (ERISA), tens of millions of Americans have used the IRA as a primary savings and retirement vehicle. The U.S. retirement system is an area where there is generally bipartisan support and little debate. Why? Because it works. Unlike
Early retirement is achievable for many. But you need to consider these three factors before walking away from work for good. Getty Who wouldn’t love the idea of being done with work before age 50 — or even by age 40 — and living their best life? For many people, the dream of retiring early
Couple Sitting On Couch Shocked At 401(k) Taxes Getty Many people overestimate how much money they have in their 401(k). This overestimation often has two components: how much they can use today and how much that balance buys them in future retirement income. 401(k) accounts are often seen as working like a checking or savings
MILTON, MA – MARCH 28: Senior women who live in a retirement community make mats for the homeless.(Photo by Melanie Stetson Freeman/The Christian Science Monitor via Getty Images) Christian Science Monitor/Getty Images What if real estate developers worked with on-site nurses and social workers to help frail older adults and younger people with disabilities stay
Great fund managers need flexibility to perform in down markets. Getty Most mutual funds are required to be almost fully invested all of the time so there is not much their managers can do when the market hits an air pocket. I don’t tie my managers down like this. Tony Mitchell, my top tech manager, recently took advantage
ASSOCIATED PRESS Vietnam has a smart strategy to stop China from taking over the entire South China Sea, teaming up with a power Beijing cannot afford to antagonize these days: Russia. China considers the South China Sea its own sea, and it has been doing whatever it takes to advance this mission. Like the building of artificial islands,