Retirees are missing opportunities to take the tax breaks they need. Rocky Mengle and Kevin McCormally show how to stretch your savings to cover the rest of your life. Bond investors may have something to look forward to in 2020. That’s according to Kathy A. Jones of Schwab, who takes a look at the forecast for next year’s bond markets. What’s your biggest stress as an investor? The 11th Millionaire Outlook Study has been released, showing what worries millionaires the most. The results may surprise you.
The Most-Overlooked Tax Breaks For Retirees — For new retirees—especially those on a fixed income—it’s more important than ever to take full advantage of every tax break available. After all, you have to stretch out your retirement savings to cover the rest of your life. But seniors often miss tax-saving opportunities, usually because they just don’t know about them. Read more…
Bond Market Outlook: Treasury Yields May Rise In 2020 — Bond yields have room to move higher in 2020 as recession fears ease. Barring a setback on trade, 10-year Treasury yields could move back up to the 2.25% to 2.50% area. However, investors are cautioned to temper their expectations. After a strong year for fixed income returns in 2019, total returns in 2020 are likely to moderate. Read more…
Investors Cite Health Issues As Their Biggest Stressor, Fidelity Finds — The 11th Millionaire Outlook Study is out. The survey of 2,026 investors, including 1,102 millionaires, found that millionaires and non-millionaires alike are most worried about their health. Moreover, millionaires who reported higher stress levels were also six times more concerned about paying for health care than less affluent respondents and cite planning for these expenses in retirement as one of their top investment goals. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller