Tag: retirement
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WSJ looks at four retirees with $1 million nest egg
What’s it like to retire with about $1 million in savings? The Wall Street Journal took a look at four retirees who have between $1 million to $1.6 million in assets. It’s an interesting read if you’re in or near retirement. For retirees able to accumulate $1 million in savings, the funds translate into inflation-adjusted…
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Making changes to my Low Yield Portfolio
While I was in the mood to make changes I took a look at some stocks that profited pretty well in my Low Yield Portfolio and decided to take those profits and put the money into some higher yielding stocks. Here are the stocks where I took profits: Archer-Daniels-Midland (ADM) Albemarle (ALB) Artesian Resources (ARTNA)…
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Pension funds suffer under current market conditions
Losses across both stock and bond markets delivered a double blow to the funds that manage more than $4.5 trillion in retirement savings for America’s teachers, firefighters and other public workers. These retirement plans returned a median minus 4.01% in the first quarter, according to data from the Wilshire Trust Universe Comparison Service expected to be released Tuesday. Recent…
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Public pension funds may be over dependent on stocks
U.S. state and local government pension funds control more than $4 trillion in public-worker retirement savings but will need hundreds of billions of additional dollars to cover promised future benefits. Over the past 12 years, blockbuster stock performance has swelled pension coffers, bringing state and local governments closer to being able to cover those liabilities…
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The Yield – Week ending June 11, 2021
Rebalancing portfolios, pie charts, inflation fears, oil prices, banks & cash, more inflation news, and much much more
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10 questions retirees get wrong
This is a pretty good list. The one I didn’t know is at the end regarding the standard deduction. Those 65 and older get a higher standard deduction. Who says it doesn’t pay to get old? those 65 and older get an extra $1,700 in 2021 if they’re filing as single or head of household…