கடலோர செல்வம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from கடலோர செல்வம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In கடலோர செல்வம் Today - Breaking & Trending Today
Embrace the volatility of the markets and stay with your original investment plan, financial experts say CNBC 3 hrs ago The U.S. stock market is back in choppy waters. On Wednesday, all three major U.S. indices the Dow, S&P 500 and Nasdaq slid on fears that rising inflation will lead to higher prices and boost interest rates, capping off a three-day losing streak in the market. But on Thursday, stocks reversed course, ripping higher, led by so-called reopening trades such as airlines and cruise companies. Such fluctuations can be worrying for investors, and especially for those who are in or near retirement. Yet, financial advisors say that the best course of action when markets go sideways is to stick with your previous investment plan. ....
But on Thursday, stocks reversed course, ripping higher, led by so-called reopening trades such as airlines and cruise companies. Such fluctuations can be worrying for investors, and especially for those who are in or near retirement. Yet, financial advisors say that the best course of action when markets go sideways is to stick with your previous investment plan. Volatility can be your friend First, accept market volatility which is relatively common as a normal part of the process of investing and the best way to outrun inflation, said certified financial planner Brad Lineberger, president of Carlsbad, California-based Seaside Wealth Management, which manages about $165 million in assets. ....
Why Many Workers Have to Retire Earlier Than Planned Save aggressively and stay flexible. Photo by Dusan Petkovic / Shutterstock.com Most people don’t want to work their whole lives, but financial necessity leads many of us to plan on a late retirement. A recent study from the Employee Benefit Research Institute (EBRI), however, shows that the ability to work as long as you want might be more illusion than reality. The study found workers consistently retire earlier than they predicted. Additionally, people overestimate the likelihood that they will continue working in some capacity after they retire. Knowing that is half the battle. It’s important not to count on the ability to work until age 65 or beyond to pad your savings. Here are three ways you can face an earlier-than-intended retirement with a plan in your pocket. ....
Resize icon Required minimum distributions from most retirement accounts have been suspended for 2020, but some Americans may benefit from taking a withdrawal regardless this year. The CARES Act â legislation passed at the height of the pandemic to assist Americans financially and medically â allowed Americans to forgo required minimum distributions, which is the amount of money investors must take from most qualified retirement accounts, like a 401(k) or traditional individual retirement account, by 72 years old. Although many Americans must tap into their retirement savings prior to this age out of necessity, there are individuals who donât need or want to withdraw the money. ....