For many Americans approaching or living in retirement, cash has become attractive again. After spending years earning little to nothing on savings accounts and money market funds, retirees suddenly found themselves able to earn yields exceeding 5% on many cash investments following the Federal Reserve’s interest rate increases that began in 2022.¹ ² ⁶
The stock market is entering a very different phase than what investors experienced over the past decade. For years, low interest rates and low inflation made it easier for stocks to rise. Money was cheap, borrowing was easy, and investors were willing to pay higher prices for companies. That environment helped drive strong returns. Today, things have changed. Interest rates are higher, inflation is still not fully under control, and global tensions are rising. Together, these forces are creating a more uncertain path forward for the market.
Are you worried about your finances in the second half of your life? Read my new article about how women over 40 can invest confidently.
Veterans deserve the retirement they’ve been dreaming about. Our guide explores the resources available to maximize benefits and help ensure a smooth and well-supported transition into retirement.
When markets take a spill, especially when it comes to your retirement investments, it’s harder to find ways to meet your financial goals. If you were relying on IRA or 401(k) withdrawals to cover your expenses, doing so when markets are down would decrease the lifespan of your savings. And if you’re nearing retirement, market […]
During your saving years, your main goal is to accumulate wealth so that you have the resources to achieve a comfortable retirement. But that is just half the battle. How you use your savings to cover your living costs is the real key to living the retirement you dream of. You may have done some […]
For decades, the name of the personal finances game has been an asset or equity growth. High-growth tech stocks grew to dominate the market, some of which have grown to be among the largest companies in the world. And if you owned stock in those companies while they made their meteoric rise, your overall wealth […]
You may think that as a high net worth individual, or even a millionaire next door, you may have an easy road ahead in maintaining your wealth. But a greater amount of wealth to protect introduces unique challenges that are specific to the size of what they have to protect. Although many investing and wealth-preservation […]
Nowadays, the word “volatility” seems thrown around more than ever. Usually, when it comes to financial talk, “volatility” is used to describe a downward trend. But that’s not what volatility really means! Volatility is technically referring to large up and down swings in the market over short periods of time. It doesn’t just mean a […]
Saving for retirement is a long-term endeavor. It’s not about finding the next hottest stock or trying to get rich quickly. It requires a different perspective on your wealth and income that accounts for your needs in different stages of your life, from the beginning of your working years through your retirement. These five key […]
