Four in 10 Americans Will Retire Flat Broke. Are You One of Them?

Almost 42% of all Americans run the risk of retiring completely broke, according to a new study. GoBankingRates conducted an online poll via Google Consumer Surveys that asked average Americans about the state of their savings and current retirement plans. The poll surveyed Millennials, the middle aged and senior citizens. One question was, “By your best […]

Passive Investing Reigns, but Active Often Means Better Returns

Equity investors increasingly invest in funds with passive strategies. Instead of using an active strategy of picking certain stocks, passive funds park money in assets with returns based on stock indexes reflecting the whole market, the good, the bad and everything in between. But active strategies can outperform passive ones, not only in stock trades […]

Analysis: Consumer Staples Stocks are Not Safe

Typically, consumer staples stocks are seen as a defensive sector, something to own when stocks are challenged. Companies in this sector tend to have boring business models, selling things like cleaning supplies, soap, or toothpaste. Basically, stuff where there will be demand regardless of economic conditions. Since the bull market began in 2009, these stocks have […]

‘Alexa, How’s My Retirement Portfolio Doing Today?’

Retail giant Amazon might be gearing up to provide wealth management services, according to industry observers. And that could drive down investing costs to nothing at all. It makes sense. Financial advice has become increasingly commoditized in order to reach out to even the smallest of investors. Now the company that pioneered online retail is […]

CD Rates Pop Higher with Fed Rate Hike. What to do Now to Capture a Better Return On Savings

The Federal Reserve move to increase the benchmark interest rate should lead to higher rates for savers who like to invest in federally insurance certificates of deposit (CDs), a popular retirement income vehicle. After years of basement-level returns, some CD yields are nearing 3%. Does this mean it is time to divert some cash into CDs? […]

How the Trump Tax Cuts Affect the Uber Wealthy and Their Heirs

The Tax Cuts and Jobs Act, signed into law by President Donald Trump in December, significantly changed federal estate tax planning statutes. Namely, the cuts double the current personal exemptions for estate tax beneficiaries. Previously, the cap for personal exemption from federal estate taxes was $5.5 million dollars. It is now $11.2 million dollars. Married couples […]