What History Shows Us About Market Downturns | Personal-finance

(Stefon Walters) Everything isn’t always peachy keen in the stock market. History has shown us that volatility and market downturns are inevitable. However, as an investor, this doesn’t mean panicking and losing track of your long-term goals. If anything, it can be a chance to get closer to your financial goals – especially if time … Read more

How to All But Clinch a Millionaire Retirement | Smart Change: Personal Finance

(Chuck Saletta) With the S&P 500 teetering on the edge of a bear market and some high-growth-prospect companies down more than 90%, reaching millionaire status by the time you retire may seem like a crazy goal. In reality, most bear markets plant the seeds of the next great recovery. Unless you believe that this crash … Read more

3 Ways to Become a Better Dividend Investor | Smart Change: Personal Finance

(Stefon Walters) Investors who prioritize dividends and intentionally build a portfolio of dividend-paying stocks typically see massive rewards in the long run, often receiving thousands in monthly retirement income. Profiting from some stocks relies solely on increases in their stock price, but dividends essentially reward investors for holding onto shares. If you want to become … Read more

3 Great Reasons to Take Social Security Benefits at 62 | Personal Finance

(Maurie Backman) When it comes to filing for Social Security, you get your share of choices. If you wait until full retirement age (FRA) to sign up, which is either 66, 67, or somewhere in between, you’ll get the full monthly benefit you’re entitled to based on your wage history. If you delay your filing … Read more

Want Thousands in Monthly Retirement Income? Focus on Dividends | Personal Finance

(Stefon Walters) Trying to decide how much money you need to save for retirement can be stressful for many people. After all, there’s no concrete answer as to how much someone will need; different lifestyles require different amounts. To really be sure you can live financially comfortably in retirement, you should utilize all resources available … Read more

Here’s a Simple Strategy to Make $ 70,000 in Passive Income | Personal Finance

(Keith Speights) Whether you’re planning to retire in your sixties or a lot earlier, there’s one thing you’re going to need – passive income. And to maintain your standard of living, you’re probably going to need a significant amount of it. Social Security isn’t an option for you if you retire too early. Even if … Read more

3 Unexpected Sources of Retirement Income | Smart Change: Personal Finance

(Kailey Hagen) Retirement looks a little different for everyone – and so should the way we save for it. Retirement accounts like 401 (k) s and IRAs form the backbone of most people’s retirement savings plans, and many can count on Social Security for some help too. But those aren’t the only ways to fund … Read more