Thursday, May 29, 2014
Nora Eisenhower writing for the Consumer Financial Protection Bureau has three easy steps to help keep your retirement on track. 1) Plan for your mortgage payoff date 2)Be careful when getting a new mortgage, refinancing, or tapping your home equity 3) Estimate your retirement income and expenses. Click for the full article. This is simple stuff folks, but it amazing how challenging it is for many Americans.
Tuesday, May 20, 2014
From Mark Hulbert on statistical reality of summer rally:
Since 1940, for example, the average Dow gain from the end of May to its highest close over the next three months is just 4.0%. Seven of the other 11 months of the calendar sport higher average “rallies” than that.Read the article here.
Saturday, May 17, 2014
Morningstar recently published this article with advice about retirement from other retirees. The goal of the article is to discuss the answers to the question: How do you transition from accumulation mode to spending those hard-earned dollars you've worked so hard to amass?