Expect the rate of return on stocks to drop for the next ten years. That’s according to Vanguard’s chief investment officer, Greg Davis. He talks with CNBC about why Vanguard has lowered its projections. Will you outlive your investments? For retirees, that’s the number one concern. But Cody Meeks, vice president of Financial Integrity, says proper planning can alleviate those fears. When you plan your next trip, don’t forget the travel insurance. While Clark Howard isn’t in favor of narrow insurance coverage, he recommends you insure your travels. Clark.com offers 5 things you should know before you buy the insurance.
Vanguard Dramatically Cuts Its Expected Rate Of Return For The Stock Market Over The Next Decade — The stock market won’t keep returning the kinds of yearly gains investors have gotten used to since the financial crisis bottom in 2009, Vanguard’s chief investment officer, Greg Davis, said. “If we look forward for the next 10 years, our expectations around U.S. equity markets is for about a 5 percent median annualized return,” he told CNBC on Monday. Read more…
Don’t Let The Fear Of Spending Spoil Your Retirement — The No. 1 concern for retirees is that they will outlive their money. Tapping into your nest egg can be a scary proposition, but at some point you’re going to have to take the plunge. What are you waiting for? The right sort of planning can ease your concerns. Read more…
5 Things To Know Before You Buy Travel Insurance — Travel insurance is designed to protect travelers by giving them a way to get their money back in the event their plans are canceled or interrupted. It can provide a full or partial refund in the case of illness or death of a member of the traveling party or close relative, if a tour operator or airline defaults, or in several other cases. Money expert Clark Howard, who once owned his own travel agencies, says that nearly everyone should consider buying travel insurance. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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