Apollo Global Management is the most misunderstood of the publicly traded alternative asset managers. But the stock could represent significant upside for those who wish to take a look, according to R...
Tag: Retirement
As Retirement Savers Lose $3T, Binance CEO Throws A Jab Against Traditional Markets, Saying “Crypto is volatile…”
– Advertisement – Binance’s CEO Changpeng Zhao (CZ) is on a mission to expose the ills of traditional financial markets even as cryptos crash. Over the last few months, numerous reports ...
You’re One Step Closer to Being Able to Delay Your RMDs in Retirement
SmartAsset: You’re One Step Closer to Being Able to Delay Your RMDs in Retirement A bill is headed for consideration by the full Senate that would move the age at which you have to start drawing...
Senate Advances Bill to Raise Age for RMDs to 75
Text size Savers can wait longer to begin emptying retirement accounts under pending legislation. Eric Lee/Bloomberg The Senate Finance Committee advanced a bill on Wednesday that would raise the age ...
Big Changes to 401(k) Retirement Plans Get Closer With Senate Vote
Americans could wait longer to start emptying retirement accounts and face fewer restrictions on emergency withdrawals under a bill advanced unanimously Wednesday by the Senate Finance Committee. The...
Nearly one-third of older Americans have less than $10,000 saved for retirement
Many older Americans are willing to work during their retirement years — and they may have to be — because they aren’t financially prepared for their old age. Almost three in 10 people between 55 and...
Meet the ‘unluckiest’ stock market investor of modern times
If you’re thinking of pulling your 401(k) out of the stock market, or you’re too terrified to invest more, you need to meet my friend Betty Badluck. Poor old Betty has had the worst luck of any stock ...
How Income-Hungry Retirees Can Score Safe Yield for First Time in Years
Junk bond yields might seem attractive, but investors should be careful with them as the possibility of a recession looms. Barron’s Staff Illustration; Dreamstime (1) Text size Investors have go...
Why retiring this year could be a ‘worst-case’ scenario
This is an urgent update for anyone who has recently retired, or who is hoping to retire shortly, and who was expecting to follow one of those simple, time-tested rules for spending down their money d...
America’s Retirement System Is Broken. This Economist Is Trying to Fix It.
Economist Alicia Munnell has been telling America it has a retirement problem for decades, and by most measures it has gotten worse. Boston College’s Center for Retirement Research, which she heads, c...
Way Behind on Retirement Savings? Do This
Tanza Loudenback, CFP® I turn 58 this year and am at a loss for what to do or how to plan for my retirement. I only have a small amount of money invested through previous employers, and I’m not sure h...
Sue Bird Makes Retirement Official
PALMETTO, FLORIDA – OCTOBER 06: Sue Bird #10 of the Seattle Storm walks across the court after … [+] winning the WNBA Championship following Game 3 of the WNBA Finals against the Las Vegas...
How And When The Bond Crash Can Make Your Retirement Better
Long-term savers can be thankful that interest rates are higher. They’re finally getting a real return. I Easy-money fans at the Federal Reserve building, June 14 (photo by Tom Brenner) © 2022 Bloombe...
Retirees Should Gird for a Long Run of High Inflation. Here’s How.
Retirees and seniors who are feeling the pinch of higher prices could be in for a long struggle as inflation shows few signs of peaking. But financial experts say there are some smart strategies that ...
US House Committee Chairman Seeks Insights into Crypto Retirement Plans
The US House Ways and Means Committee chairman has asked the Government Accountability Office (GAO) to study cryptocurrency investment options in the major defined contribution (DC) plans. The DC pla...
The case for Bitcoin as a part of retirement savings
? Want to work with us? CryptoSlate is hiring for a handful of positions! Last week, U.S. Treasury Secretary Yellen spoke out against the dangers of cryptocurrencies as a retirement savings vehicle, c...
3 moves retirement savers can make now to profit from the stock market turmoil
Every crisis is an opportunity. The massive turmoil on financial markets so far this year is no exception. Here are three things that every middle-class American can do with their 401(k), IRA or other...
Is now a good time to do a Roth IRA conversion?
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...
U.S. Treasury Secretary Cautions Against Risky Bitcoin Retirement Savings – crypto.news
Amid the crypto market correction, the United States Treasury Secretary Janet Yellen has advised against Bitcoin. Yellen warns against using Bitcoin as a retirement fund, calling it a risky move. Secr...
Taking RMDs During a Downturn Hurts. Here’s How to Manage the Pain.
Is it better to rip off a bandage and get the pain over with or to remove it slowly and gently, limiting the pain while prolonging it? That’s essentially the question facing seniors who have spent dec...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers – Coinotizia
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress...
Retirees on edge over inflation and stock volatility can take these 5 steps
If you’re like many retirees, the combination of inflation and stock market volatility may set you on edge. “It is one of the higher risk environments for retirees,” says certified financial planner J...
U.S. Treasury Secretary Janet Yellen Warns Against Investing in Bitcoin (BTC) for Retirement – Here’s Why
U.S. Treasury Secretary Janet Yellen is issuing a warning to those who choose leading crypto asset Bitcoin (BTC) as an investment option for their 401(k) retirement plans. In a new interview with The ...
Here’s Why Retirees Are Sticking With Workplace Retirement Plans
This image shows a retiree walking with her daughter. Retirees are staying in defined-contribution plans years into their retirement. Retirees are staying in defined-contribution (DC) plans long after...
Janet Yellen Calls for Crypto Regulation, Says It’s “Risky” Option for Retirement Savings
Tomiwabold Olajide Janet Yellen advocates for cryptocurrency regulation, calling it “risky” way to save for retirement According to U.S. Treasury Secretary Janet Yellen, cryptocurrency ass...
Yellen Pushes Back Against Fidelity Plan for Crypto Retirement Option
In the wake of Fidelity Investments announcing their plan to allow investors to put crypto in 401(k) retirement accounts, US Treasury Secretary Janet Yellen termed it a “very risky” choice. “It’s not ...
Treasury’s Janet Yellen: Bitcoin ‘Very Risky’ Option for Retirement Savings
Treasury Secretary Janet Yellen on Thursday warned against including Bitcoin and other cryptocurrencies in retirement plans, calling them a “very risky investment”. Yellen’s comments came at a New Yor...
Suze Orman’s 5 main rules to avoid going totally broke in retirement
Suze Orman’s 5 main rules to avoid going totally broke in retirement Everyone hopes that, after decades of hard work, they’ll retire rich enough to spend decades more enjoying the fruits o...
Here’s how much the average working boomer has saved for retirement
Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much...