For Wall Street, it has been a rough week, in fact, the roughest week since 2008. The NASDAQ, S&P and the Dow are all down due to the Coronavirus that is spreading like an epidemic. The impact is not just seen by Wall Street as markets all over the world are feeling the burden. But what about you if you have money in the market and suddenly the market starts plummeting? If … [Read more...]
Know how to live well on less – Make the most out of your Retirement
Staying fit can benefit your waistline and also bring you more wealth as per the age-old adage ‘Health is Wealth’. Getting fit personally and financially are similar to each other and the calorie that you intake is similar to your spending. The amount of calories that you take in should be less than what you use in order to lose weight. Similarly, you should spend less money … [Read more...]
Is Your Retirement Income Enough to Help You Lead a Financially Secured Retired Life?
Even a few years back, the total amount of income that you make during retirement was figured as a three-legged stool, where one leg constituted the employer pensions, another was the Social Security benefits and the other retirement savings. Since then, a lot has changed. There are many amongst us who don’t have employer pensions and hence this makes the whole thing a 2-legged … [Read more...]
Retire Safe and Take the Best Investment Decisions – How to get a Predictable Income?
For majority of the retirees, one of the biggest concerns is how to find out a predictable and robust source of income. In order to maintain an affluent lifestyle (which is almost similar to their employed days), they need to know the tricks of generating enough cash. One of the key sources of steady cash is definitely Social Security and there are few others who also have a … [Read more...]
Do the Americans seem to be unduly confident about their retirement?
Research suggests that Americans are currently more optimistic as compared to what they have been throughout the past few years about retirement life. However, the only question is whether or not the Americans will have enough money to fall back on during their retirement. As per a new study by Employee Benefit Research Institute, there has been too much of confidence among the … [Read more...]