We recently hit highs in the stock markets, and as I write this article, we have experienced a couple of down days. For most investors, it’s no surprise markets are subject to up-and-down fluctuations over time. And if you are investing with a long-term perspective, it’s pretty common for your portfolio to experience temporary declines in value. Given enough time, markets generally have shown an ability to overcome losses and [...]

Data from the American Advisors Group, the nation’s leader in home equity solutions, shows that seniors are pushing back retirement to make ends meet, and 2020 has only expedited that trend. This data was taken from AAGs Post-2020 Retirement Survey with over 1,500 participants ages 60-75.

It's been a wild week in the stock market, and that has a lot of investors worried. If you're concerned that a near-term stock market crash will destroy your retirement plans by sending the value of your savings plummeting, you're in good company. But here are a few steps you can take to prevent that unwanted scenario. 1. Make sure you're invested appropriately for your age When you have several decades of [...]

From dealing with unexpected medical costs to supporting adult children, Americans often find themselves facing expenses they weren't anticipating in their golden years. Plus, it's harder to save for retirement today than it was 50 years ago. Over 30% of Americans plan to continue working after they retire, according to a 2019 survey by TD Ameritrade. If you're not sure how long you'll need to work or what to expect when [...]

The ideal retirement means different things to different people. Some envision themselves living in a peaceful cottage in the countryside, some dream about travelling the world and visiting all the places they didn’t get the chance to visit in their youth, others would very much enjoy spending more time with their families and so on. No matter how you’d like to spend your retirement, the ultimate goal is to enjoy [...]

For millions of retirement savers, the pandemic was a gut punch. There was the jarring stock market drop in March 2020, then millions lost their jobs, health insurance and ability to fund their savings. The pandemic stymied adults who hadn’t started saving for retirement, the number of workers taking withdrawals from their 401(k)s last year jumped, and some companies cut their 401(k) matching contributions. John F. Wasik, a writer for The [...]