Someone once said that the worst thing about being retired is that you never get a day off.
That is because retirement is a journey and not a destination. Retirees need to make their retirement savings last for the remainder of their lives.
U.S. workers nearing the age of 65 barely have $120,000 saved for retirement. The cost of living for a retiree can be as much as $45,000 annually.
About 44% of Americans are not saving or even planning for their retirement future. More than 20% believe they will never retire.
Nevertheless, 10,000 Americans retire every day. If this includes you or someone you know, here are some tips to protect your retirement funds during your post-retirement.
Small-cap winners galoreThe big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
Smarter cryptocurrency investmentsThe stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.