We tend to focus mostly on longevity risk and optimizing savings, but generating retirement income is the ultimate trick. Once you transition from accumulation to distribution, the question becomes how best to generate income and preserve principal. You strike this balance to account for the longevity risk you hopefully face. This week we share some recent commentary on this vital piece of your retirement puzzle.
Retirement Income – maximizing income while preserving principal.
One simple, popular approach to maintaining this balance is ‘buckets of money.’ A side benefit here is some insulation from market corrections. How Do I Use the Bucket Approach for Retirement Income
If for no other reason, read this for the opening statistics. You will thank me for knowing this. Ways to Turn Retirement Savings Into Income for Life
In our last installment we talked about dividends in a Roth IRA. Take the leverage the government gives you. In a heated market like this, dividend investing gets trickier. Still, it is good to keep a keen eye on good investments. 10 High-Dividend Stocks for Safe Retirement Income
Retirement Income – understand the impact of the world economy.
One thing is certain, this does not happen in a vacuum. Stay abreast of economic happenings. Presenting: The most important charts in the world from the brightest minds on Wall Street
Everyone knows that low interest rates have a dramatic effect on markets. In light of the fact that retirement savers tend to be conservative, this is the most important consequence. The Fed Put a 50% Tax on Your Retirement Plan
At the risk of being a doomsayer, there’s an entirely different environment to consider. The actual environment, and what can you do about it? Will it have a bearing on your retirement? The younger you are, the more it will. The world reached three dangerous climate change milestones this summer The world passes 400ppm carbon dioxide threshold. Permanently.
Retirement Income – it’s Friday, live a little.
Tonight is a rare occurrence, not unheard of, rare. The Black Moon, second new moon in a month. It’s a reason to go outside tonight. A ‘black moon’ is rising, but Earth will be just fine
Plus, NASA released this video of Jupiter’s clouds from a flyby, astonishing. NASA just released a haunting video of Jupiter’s clouds