If an investor just looked at the headlines – record breaking market returns – they might think that the long bull market had returned with a vengeance. And it may have – that remains to be seen as events play out in 2021
Investing in retirement used to be simple – switch to a 60/40 allocation, take out 4% a year, adjust for inflation, done. The goal was to avoid risk to the principle.
The main responsibility of an executor of a will is to carry out the final wishes of the person who bestowed that position of trust. Usually, the executor is a close family member, but the executor could be a qualified, compensated person duly appointed under the laws of the state.
Whether you are already retired or just beginning to consider your retirement years, the question "Will I outlive my money" is most likely a top concern.
Are you planning to retire in Orlando? Home to many cultural attractions, shopping outlets, and high-end restaurants, Orlando offers a diverse lifestyle to its residents.
How much do you need for retirement? Well, investment research firm Morningstar has a handy but somewhat scary stat: $1.18 million. Using average annual returns of 6 percent and pegging inflation at 2.5%, Morningstar calculates that’s the amount of savings needed to achieve $40,000 per year in annual income for 30 years.
