Retirement

For three decades, Paul Aris has been a financial and wealth management advisor. Janney Montgomery Scott For decades, I have worked in or with financial institutions, especially banks, identifying risks and finding ways to measure and mitigate them.  Since early last year I have been advising my clients, that enough macro and credit data lead

IRA Withdrawal and Contribution Errors usatoday.com If funding retirement were easy, everyone would be doing it, right? Actually, funding retirement can seem easier than withdrawing your money. There are rules for both, and if you happen to make a mistake, you will have to pay penalties and fees to the government–after you determine how to resolve the issue

If you’re a baby boomer planning your retirement, you face a series of critical decisions that will influence your quality of life for the rest of your life. While these decisions may be hard to make, no one said it would be easy to be retired for 25 to 30 years. No one also said

What do tariffs, Mexico, Europe and the defense industry have in common? President Trump tweeted earlier this month that the U.S. and Mexico reached a deal to avert new tariffs. The Mexicans will send 6,000 troops to their southern border to slow migration from Central America. The agreement bolsters the president’s case for weaponizing tariffs. And this strategy

There is an adage that cautions about planting seeds of discontent. You reap what you sow. The Verge reported earlier this month that a pair of smartphone app developers are seeking class-action status to sue Apple. They claim the Cupertino-based company maintains an improper monopoly over iPhone apps. It’s part of a growing trend of legal complaints against Apple. This

Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP This is options expiration week in the month of June. This week has a seasonally bearish bias, so we are likely to see some pullback but the uptrend remains intact. Here are short-term trading selections

Seven percent dividends. That’s what my 18 favorite stocks and funds yield on average in my “No Withdrawal” Retirement Portfolio. And it’s that very yield that gives the critically-acclaimed portfolio its name. Investors collect so much income every month that they don’t need to pull out their nest egg to make ends meet. The regular

: Getty Getty Facebook’s digital currency, Libra, is a mixed blessing for Bitcoin and other digital currencies—it could make or break them. Libra has already created a positive social media buzz for digital currencies, sparking a strong rally, which sent Bitcoin firmly above $10,000, again. “Libra is going to continue to gain attention, not only

It seems that every few weeks, articles and books pop up that rate the best places to retire. These publications often focus on the “vacation” part of retirement, touting exotic locations, or they focus on items they can quantify such as taxes and the cost of living. The key word that’s missing in these publications

Who will you ask for help if things don’t feel right in retirement? (photo credit: Getty) Getty A retired family member needed some medical supplies. My wife usually takes care of this stuff, but she was out of town, so the task fell to me. At first, it wasn’t a big deal.  I was just going

Michelle Treanor at a Dollar General Corp. store in Saddle Brook, New Jersey, Emile Wamsteker/Bloomberg BLOOMBERG NEWS  On average, older Americans have a more secure retirement than ever. But even as aggregate retirement savings are rising, tens of millions of older adults will be unable to pay their expenses, especially their medical and long-term care

Earlier this week, in a dark basement theater deep in New York’s Soho neighborhood, I debated Social Security in an Oxford-style debate sponsored by the libertarian Reason magazine. I was there to argue the affirmative in the following prompt: “Resolved: Given Social Security’s nearly $3 trillion trust fund, the system cannot add to the federal deficit.”

Older adult driver Getty Most of the talk about the sharing economy revolves around millennials, those 20- and 30-somethings who are now regentrifying and populating many of our urban areas. Indeed, millenials are, and have always been, at the heart of the sharing scene, ready to embrace the latest concept for staying connected and getting

Our Contrarian Income Report mailbag served up an important question from a reader this week. What are the perfect retirement dividends to buy and hold forever? Our subscriber is retired and manages investments for him and his wife. He asked me how to build a portfolio that will give her reliable income, with little maintenance,

Researchers at the National Institute on Aging (NIA) want to know how some older adults retain their youthful thinking and memory abilities despite the evidence of neurodegeneration or Alzheimer’s-related pathology in the brain. And they’ve created a way they hope will help them find out. But they need the input of scientists, health care professionals and others to do it.

The Statue of Mercury stands in front of the MetLife Building in New York, U.S., on Tuesday, Oct. 31, 2017. MetLife Inc. is scheduled to release earnings figures on November 1. Photographer: Michael Nagle/Bloomberg © 2017 Bloomberg Finance LP When a family loses a loved one, it faces a litany of immediate tasks such as

With a bear market likely on the horizon, make sure the choices you’re making align with how long you have until retirement. Getty If you were over the age of 12 in 2008, you probably remember the great recession, which included a stock market crash that affected almost everyone in America. Based on market trends,

Little red sailboat cruising among floating icebergs in Disko Bay glacier during midnight sun season of polar summer. Ilulissat, Greenland. © Adobe Stock As the heat wave that struck the southeastern United States made its way up to Greenland, the ice-covered island recorded over 2 billion tons of ice melt in just one day. Greenland,

Mark Zuckerberg is about to become the head of a very big bank based in Switzerland. Libra is Facebooks’ new cryptocurrency.  Imagine sitting in a room thinking about what else you can sell to your 2.4bn people (including some bots) backed by a $1bn in guarantees from companies as wide as Paypal, Mastercard and Uber.

Facebook’s plans to launch its own cryptocurrency could change the game for Bitcoin, ETH, XRP, Litecoin, and other coins, in a positive and a negative way. On the positive side, Facebook’s movement could change investor sentiment, as is already evident by the upward movement in cryptocurrency prices. 7d Price change for major cryptocurrencies* Coin %7d