Retirement Planning

The Future of Social Security: Promises vs. Reality

Social Security has been in dire financial shape for much of its existence. The system has never been in sound fiscal shape almost from the beginning, and that was really by design. The first recipients of Social Security received far more benefits than they ever paid into the system....

How Does a Gold IRA Work?

With recent weakness in financial markets, many investors have been looking for ways to safeguard their wealth, and particularly their retirement savings. Stock markets are set to take a beating, bond markets are on the verge of a corporate downgrade deluge, and the Federal Reserve’s recent monetary policy actions...

Retirement Income vs. Inflation: 4 Popular Choices Compared

When assessing the performance of retirement assets, or indeed of any investment, most people look at the total return of an investment when assessing how much asset growth they’ll see. But looking just at nominal numbers doesn’t tell the whole story. You have to know how much your assets...

How Badly Will Millennials Get Burned When Stock Markets Crash?

Stock market rallies in recent days have been characterized by wild price gains on the flimsiest of positive news. For instance, publication of the results of a vaccine trial on eight people raised such hopes for a coronavirus vaccine that stocks gained over 900 points. Yet there was no...

Unemployment Hitting Older Americans Worse Than Younger Americans

You might think that during a major recession, older workers would be the first to go. They command higher salaries, require greater healthcare payments, and just cost a company more across the board. But in every recession through the 2008 financial crisis, Americans above the age of 55 were...

Retirement and Risk Profile: Making Sense of the Current Market

One of the most common pieces of knowledge when it comes to retirement investing is that your investment portfolio should become less risky as you near retirement. There’s no hard and fast rule about that, or ratio determining how much of your portfolio should be held in stocks or...

Rise in Delinquent Mortgage and Rental Payments Will Weigh Heavily on the Economy

With millions of Americans having recently entered unemployment, it was no surprise that many families were going to have difficulty paying rent and mortgages. But just how much difficulty they would have has surprised even pessimistic observers. Over 30% of US apartment renters failed to pay their April rent in...