According to a new report from advisory firm Research Affiliates, the next 10 years will bring low single-digits when it comes to expected real returns (defined as gross return less inflation) in a "typical balanced portfolio." In fact, their analysis projects that the odds of making even 5 percent on traditional investments over that time frame are slim....
Moving in the Right Direction
A little good news on the retirement savings front – a recent report from Fidelity Investments shows that people are saving more money for retirement and setting up more retirement accounts, with fewer savers borrowing from their funds. It’s an encouraging sign in the constant challenge for retirement security....
Yes, Taxes are Still Certain in Retirement
Tax season is in full swing, and by now your mail (or in) boxes have begun to be inundated with “IMPORTANT TAX DOCUMENTS ENCLOSED” correspondence. For the newly retired, their first tax season after leaving the workforce may catch them a bit by surprise. They are used to receiving a paycheck from their company, and their employer usually helped them when it came withholding taxes from their earnings...
All the Cool Retirees are Doing It
The gig economy is not just for the young and idle. In fact, more retirees are expected to join the gig economy to make money this year to supplement their income, according to the article below from Yahoo Finance. Think driving for Uber, posting your spare room on AirBnB and offering your services at TaskRabbit as a means to fill your free time and earn some extra cash....