Retirement Planning

Is This One Popular Investment Asset Only for Suckers?

If you ask most investors what assets they hold, the overwhelming majority of investors, and most likely their assets, are invested in stocks and bonds. These two commonly traded assets are easy to buy through brokers and retirement plans, are traded on exchanges, and are generally easy to liquidate....

What Is a Required Minimum Distribution?

Whether you’ve just started saving for retirement or have been saving for decades, there are a few key concepts that you’re going to need to understand. Your financial advisor or tax advisor can help you with many of these retirement planning concepts, but that doesn’t absolve you completely of...

Will 401(k) Limits Increase in 2021?

For many Americans, workplace 401(k) programs have become one of the most popular methods of investing. Trillions of dollars are currently held in 401(k) accounts throughout the country, and many investors are constantly looking for ways to maximize the growth of their 401(k) account balances. But like most tax-advantaged retirement...

Baby Boomers and Retirement Saving: Where Do You Stand?

The Baby Boom generation has made its mark on American like perhaps no other generation in history. Its sheer size dwarfed the size of both previous and subsequent generations, and its members remain in positions of political power today. But obviously not all boomers are alike, and that’s particularly...

Buy and Hold Investing Is Dead: What Does That Mean for Gold?

While much of the coverage you’ll read in the financial media talks about the merits of buying and holding, the reality is that fewer and fewer investors are buying and holding stocks. And that has profound impacts on the entire investing world. The reasons behind the lack of buying and...

3 Ways Gold Can Protect You Against a Crashing Economy

Although stock markets seem to have shrugged off the coronavirus and its effects on the US economy, there’s no doubt that the economy is in the midst of a recession that could become a depression. The V-shaped recovery has failed to come to fruition, and millions of Americans remain...

5 Ways to Avoid Financial Difficulty in Retirement

One of the things investors fear the most is running out of money in retirement. Perhaps that fear is driven by the experiences of one’s own parents, or perhaps by stories of friends and family who have experienced financial difficulties. Regardless of the reason, it’s a fear that inspires...

The Federal Reserve, the Price of Gold, and the Future of Your Retirement

The US Bureau of Economic Analysis released its advance estimate of second quarter GDP Thursday morning, and it was as frightful as you could imagine. US economic output declined by an annualized 32.9% in the second quarter, a record shattering the previous record drop of 10% set in 1958....

Your Retirement Won’t Be Like Your Father’s Retirement

Everyone dreams differently about retirement, but for most people the general goals are similar. You’re finally freed from commuting, workplace drama, and stress about deadlines. Your time is your own, and you can do what you want. You can sleep in every morning, enjoy a leisurely breakfast, work in...