As the S&P extends its five week winning streak by rising 1.2% last week, investors wonder how long this can last. Robert Doll of Nuveen Asset Management analyzes the situation and offers some answers. It appears central banks around the world are following the lead of the U.S. Federal Reserve in getting more aggressive with monetary policy. Liz Ann Sonders of Charles Schwab factors their shift in policy into her latest market outlook. The long-term performance of your own portfolio will be tied to your withdrawal rate when you retire. Our final article explains how to make sure you don’t run out of funds in retirement by planning the ideal withdrawal rate.
What’s Behind The Latest Climb in Equity Prices?-Robert Doll of Nuveen explains that a confluence of positive forces have helped equity markets advance in recent weeks. Global growth remains solid with the U.S. and China holding steady. European growth remains a weak point but may be slightly better than feared. Central bankers around the world are keeping policy accommodative. Read more…
Rolling Along…For Now– Liz Ann Sonders and her team at Schwab remain optimistic that US stocks will likely continue to move higher, but warn against getting overly complacent as a pullback is always a possibility. The US economy is improving, the Fed is erring on the side of dovishness, and both corporate and consumer confidence are growing. Read more…
Set A Withdrawal Rate From Your Retirement Investment Accounts– The key to not running out of money in retirement is to set an appropriate withdrawal rate from your retirement nest-egg. Many rules of thumb specify withdrawal rates that range from 4% to 5% of the portfolio’s market value per year. As with all rules of thumb, such a withdrawal rate may not work for all retirees. Read more…
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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller