Although there are countless investing strategies, the stock market does offer some near certainties.
For example, each and every one of the past 37 stock market corrections — a decline of at least 10% from a recent high — in the S&P 500 since 1950 have been completely erased by a bull market rally.… read the full article
For many people just beginning their careers, retirement seems too far away to start planning.
But in order to retire in your 60s, you need to get started down the right financial path early by saving and minimizing unnecessary debt, according to Kevin O’Leary, an investor on ABC’s “Shark Tank” and personal finance author.… read the full article
CHICAGO (AP) — Nearly one-quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals’ retirement plans and the realities of aging in the workforce.
Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they’d like.… read the full article
I visualized a retirement far different from the one I’ve experienced. Before I quit the workforce, I thought my retirement would be a carefree life where I could do what I want, when I want.… read the full article
By Nick Penzenstadler and Jeff Kelly Lowenstein | USA TODAY
In a stealth aftershock of the Great Recession, nearly 100,000 loans that allowed senior citizens to tap into their home equity have failed, blindsiding elderly borrowers and their families and dragging down property values in their neighborhoods.… read the full article
Saving for retirement is rarely easy, regardless of how much money you’re earning. Even if you have cash to spare, there are probably more fun and exciting things you’d like to spend it on than sticking it in your 401(k) and not touching it for a few decades.… read the full article