Retirement Watch Weekly
Key Facts to Know About Gold IRAs
Gold is at or near record highs, and that’s generating interest in different ways to own the precious metal. Gold has been in most of my recommended portfolios continuously since August 2017. We reduced the size of our positions in March 2021. Recently I’ve received a number of queries about “gold IRAs.” A gold IRA […]
There’s At Least One in Every Family
Almost every family has at least one, and that’s okay. Don’t try to hide it from your estate planner, because hiding the situation will make things worse than they could be. Once the fact is in the open, steps can be taken to make things better. The problem I’m talking about is a child who […]
Retirement Income Strategies: Avoid Widespread Mistakes and Solve the Key Retirement Problem
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. […]
Bob’s Journal for 9/7
Lessons from the Nvidia Surge The top-returning stock of the year so far is NVIDIA (NVDA). The second-best stock isn’t even close. NVDA also is the top-performing stock of the last 10 years, according to Bespoke Investment Group. Again, second place isn’t close. NVDA was up 230% in 2023 through the end of August. Over […]
Recent Law Simplifies QLACs, Increases Their Benefits
The benefits of adding a qualified longevity annuity contract (QLAC) to your IRA were increased and made easier to take advantage of in a recent law. A QLAC delays some required minimum distributions (RMDs) and generates guaranteed lifetime income after that, ensuring you never run out of income during retirement. Some people also consider them […]
Bob’s Journal for 8/31
IRS Delays New 401(k) Catch-Up Contributions Rule The IRS recently announced that it was delaying the effective date of a rule on catch-up contributions enacted in late 2022 as part of the SECURE Act 2.0. The new rule provides that any catch-up contribution to a 401(k) or similar plan made by an employee earning more […]
Social Security Benefits for Divorced Spouses
There’s no such thing as “divorce benefits” in the Social Security law, but divorced spouses are eligible to receive benefits based on an ex-spouse’s earnings record. Spousal benefits are often available to ex-spouses and on fairly liberal terms. Divorced spouses sometimes have better options and more flexibility than current spouses. But a small difference in […]
Bob’s Journal for 8/24/23
Long-Term Returns Are Driven by Very Few Stocks Treasury bills earn higher returns than most stocks, according to a recent update and expansion of a classic study. A group of economists led by Hendrik Bessembinder of Arizona State University surveyed returns of 64,000 global stocks from January 1990 to December 2020. The research found that […]
