Do you understand money? Many couldn't pass this simple finance quiz. Can you?
Read More »Is $1,000,000 Enough to Provide for a Successful 30-year Retirement? (+7K Views)
Withdrawing from a $1,000,000 nest egg upon retirement using the familiar 4% rule to generate a successful 30-year inflation-adjusted (3% per annum) retirement proved to be totally inadequate as per the retirement withdrawal strategy that I put forth in a previous article (1). In fact, it crashed and burned in year 25 of the 30-year plan! In fact, as I show in this article, it will only succeed if your portfolio outperforms the S&P 500 by 5% every year for 30 straight years - and what is the likelihood of that? Words: 1533
Read More »Recessions ALWAYS Follow Yield Curve Inversions
Economists, investors, and policymakers would do well to take seriously the predictive power of the yield curve.
Read More »Need Help To Produce Portfolio Income Into Your Golden Years? Here’s How
Beyond wishing for interest rates to bounce back to historic highs, what can you do to help your portfolio produce income into your golden years?
Read More »Negative Interest Rates Won’t Happen In the U.S. – Here’s Why
Investors have watched bond yields in Europe and Japan slide below zero into negative territory, and some have wondered: Could it happen here? Although you can never say never when it comes to markets, I believe the odds are slim, for reasons discussed below.
Read More »Differences In How Various Age Groups Earn & Spend Their Money (2K Views)
The data visualizations in today’s post come to us from Engaging Data and they use Sankey diagrams to display data from the Bureau of Labor Statistics (BLS) showing differences in how various age groups in America earn and spend their money. By Jeff Desjardins In the most common career trajectory, earlier years coincide with a lower salary as skills and experience grow. …
Read More »How Much Are People Spending On Prescription Drugs In Your State? Check It Out
The U.S. has been battling a growing drug use epidemic for several years so how much people are spending on prescription drugs in your state? Let’s take a look at the numbers to get an idea.
Read More »Financial Bubbles: Don’t Fall Victim To the Hype Of “the next big thing”
The following infographic details how some of the biggest financial bubbles in history have formed and then burst. Check it out to make sure you don’t fall victim to the hype of “the next big thing.”
Read More »Get Ready! Here Are the World’s Best Retirement Destinations (+8K Views)
Loll in the lap of inexpensive luxury at any one of International Living's 10 best retirement destinations: North America (1); Central America (2); South America (3); Europe (2); Asia (2) Words: 1155
Read More »Don’t Fall For the Hype – Reverse Mortgages Are Only For Financial Dummies!!
There may be a case where a reverse mortgage makes sense in very unique circumstances but, in real life, I’ve not seen one yet. If someone you know is considering taking out a reverse mortgage, send them this article and suggest that they get a second opinion.
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