Category: Investing for Retirement

The Federal Open Market Committee has lowered its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%. This is the 3rd time they have cut the rate in 2019. For anyone that has funds in a money market account, this is bad news. The first

I see a lot of seniors working in the retail industry in customer service roles. Large operations like Lowes, Home Depot, and Walmart are hiring seniors. Many of them are working part time to help pay for their health insurance, and others do it for the social interaction that is

How many income streams do you have? I’ve always believed in creating as many sources of income as possible. My income currently comes from unemployment compensation, interest, dividends, ebay sales, and ad revenue from several blogs and websites that I maintain. I don’t get much from the ads. I’m currently

As I move closer to retirement, here are my biggest financial fears in no particular order: My investments will not generate enough income to pay the bills. Lower interest rates means I have to put money into riskier investments. Stocks and bonds can lose value quickly when the economy goes

It’s easy to generate income when the stock market is going up. But, that is usually when I’m selling. In the past, I would always try to limit how much money I was getting from selling stocks. I didn’t want to have a big tax bill at the end of

Problem: I need to generate enough monthly income to pay for my health insurance. I’ve been reading a lot about the pros and cons of stocks and bonds that pay dividends. Normally a bond fund would be a good place to generate monthly income. But with the recent stock market