By Alessandra Malito
My wife and I are in our 50s. We lost our house in 2008, declared bankruptcy and finally bought another home. We will inherit $200K. How should we invest it?: Personal financial turmoil can be scary for families to relive, but there are ways to work around these fears and improve a situation for retirement.
Stress about market volatility and want to change your investments? Do these 5 tasks instead: Market turbulence can have some people thinking twice about their investments, even if they’re still on track for retirement. Here are a few strategies for remaining calm .
‘Tis the season for autobiographies: Celebrity memoirs for your gift list or holiday reading: Not sure what to get your loved ones this year for the holidays? Autobiographies are always a popular choice.
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Should I do that Roth IRA conversion before Congress bans them?
More in retirement news:
Sharing hard-won money lessons to build generational wealth ( The New York Times )
Sacramento nurse ditches retirement to help vaccinate against COVID-19 ( KCRA )
The 6 biggest issues with early retirement: Will these happen to you? ( Entrepreneur )
States step up action to address the U.S. retirement savings crisis ( Forbes )
Democrats officially have a retirement problem ( CNN )
Tom Brady not ready to talk retirement (but it’s getting closer) ( Tampa Bay Times )
Research and Insight:
91% of employees whose companies auto-enroll them in their workplace 401(k) do not opt out ( USA Today )
Only 1 in 4 Americans ‘very’ confident of a comfortable retirement ( 401K Specialist )
Less than half of Gen Z is optimistic about reaching retirement goals, survey finds ( GOBankingRates )
TCRS study suggests substantial retirement risks remain ( National Association of Plan Advisors )
Disability overpayments discourage work ( Center for Retirement Research at Boston College )
To share with your family, friends and clients:
Congress is about to kill this popular retirement tax move
Seniors who are obese run higher cancer risks
Did we learn anything from the pandemic? ‘If it doesn’t turn the tide on nursing homes , then shame on us.’
Should you put your 401(k) in a ‘3X’ retirement portfolio?
Government announces surprising hike in Medicare Part B premiums
The quick and easy way to lose your life savings