Americans can’t seem to retire these days | 0:58
Seniors are working at the highest rates in 55 years, according to a recent U.S. jobs report. Sean Dowling (@seandowlingtv) has more.
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You only live once, do it financially right | 2:00
Millennials, this is how you can fix your YOLO financial mind-set.
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Here’s why it’s never too late to invest | 1:47
If you haven’t started investing yet, these tips will help get you on the right track for retirement.
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Can you retire on $1 million these days? | 1:23
The idea of having a retirement nest egg of $1 million is a lot of money, but can you make it work these days? Sean Dowling (@seandowlingtv) has more.
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Learn this now and retire a millionaire | 1:39
When it comes to interest, don’t take your time. Start doing this now so you can retire in style.
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Most middle-aged Americans delaying retirement | 0:51
Two-thirds of middle-aged Americans say they’re going to delay their retirement. Why? Many say they have too much debt or not enough income.
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5 common Social Security mistakes to avoid | 0:51
A Government Accountability Office report cited five common mistakes people make when applying for Social Security.
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Five mistakes that are slamming your retirement savings | 3:53
Americans are making a series of easily fixable mistakes that are slamming their retirement savings.
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3 things Baby Boomers need to know about Social Security | 0:56
Changes are coming to Social Security. Here’s what you need to know.
9 of 25
Don’t let fees ransack your retirement fund, says Rebalance IRA | 3:04
Most Americans know they need to save for retirement, but it’s what they don’t know that could make a huge difference in their nest eggs, said Mitch Tuchman, Managing Director at Rebalance IRA. For example, Tuchman said investors should be wary
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What the new financial adviser rules mean for your retirement | 2:44
Jamie Hopkins, professor at The American College of Financial Services, breaks down the new fiduciary standards and how it will impact you.
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How to save as you near retirement | 2:45
USA TODAY’s retirement columnist Rodney Brooks talks to Jeanne Thompson, a vice president at Fidelity about saving aggressively for retirement.
(MONEY, USA TODAY)
12 of 25
Don’t let cash creep up in your IRA | 3:17
Don’t roll over assets into an IRA and then let the ‘cash creep’ up in your account by not investing it, said John Sweeney, EVP for Retirement & Investing Strategies at Fidelity Investments.
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How do I prioritize paying off debt and saving for the future? | 1:07
Especially for debt-saddled Millennials emerging from college into the workforce, it can be difficult to decide how to save for retirement while paying back loans. Consumers may fear that prolonging repayment will result in more debt.
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Workers aren’t planning for retirement | 1:11
New survey data show the majority of workers aren’t calculating how much money they’ll need in retirement. And many aren’t saving more due to debt and day-to-day expenses.
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How to spring clean your finances | 1:14
Janet Stanzak of the Financial Planning Association talks with USA Today’s Charisse Jones about how to get your finances in order.
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Wells Fargo’s Katherine Dean – Debt in retirement | 3:45
Katherine Dean talks the pros and cons of Retiring with debt.
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How to get a job | Your Best Life in Retirement | 1:32
USA TODAY’s Nanci Hellmich shares best tips for landing a job in your retirement years.
(MONEY, USA TODAY)
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Simple ways to shape up | Your Best Life in Retirement | 2:26
USA TODAY’s Nanci Hellmich outlines a plan for pumping up your physical activity in the new year.
(MONEY, USA TODAY)
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Saving for retirement at every age | Your Best Life in Retirement | 1:57
USA TODAY’s Nanci Hellmich talks about how to save aggressively for retirement in your 20s, 30s, 40s and beyond.
(Your Best Life in Retirement, MONEY)
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How you can save a million bucks for retirement | 2:57
USA TODAY’s retirement columnist Rodney Brooks talks to Jeanne Thompson, a vice president at Fidelity Investments about what it takes to save a million dollars for retirement.
(MONEY, USA TODAY)
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5 important housing questions to consider for aging parents | 1:29
Long-term care for parents in their senior years requires planning and the ability to make some challenging decisions. From nursing homes to house alterations and medical care, aging loved ones need to have a flexible investment strategy.
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Here’s how to ‘get what’s yours’ from social security | 4:26
Don’t let the government keep the Social Security benefits you rightfully deserve, said Laurence Kotlikoff, co-author of ‘Get What’s Yours.’
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#DearMe: Seniors give advice to their younger selves | 1:56
Women in one Seattle retirement community celebrated International Women’s Day by sharing words of wisdom with young women and their much younger selves through YouTube’s #DearMe campaign.
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How to decide if a target date fund is right for you | 3:38
Target date fund managers are continually working to improve returns even as their fundholders ‘set it and forget it,’ said Fredrik Axsater, Global Head of Retirement Programs for State Street Global Advisors.
25 of 25
Americans can’t seem to retire these days
You only live once, do it financially right
Here’s why it’s never too late to invest
Can you retire on $1 million these days?
Learn this now and retire a millionaire
Most middle-aged Americans delaying retirement
5 common Social Security mistakes to avoid
Five mistakes that are slamming your retirement savings
3 things Baby Boomers need to know about Social Security
Don’t let fees ransack your retirement fund, says Rebalance IRA
What the new financial adviser rules mean for your retirement
How to save as you near retirement
Don’t let cash creep up in your IRA
How do I prioritize paying off debt and saving for the future?
Workers aren’t planning for retirement
How to spring clean your finances
Wells Fargo’s Katherine Dean – Debt in retirement
How to get a job | Your Best Life in Retirement
Simple ways to shape up | Your Best Life in Retirement
Saving for retirement at every age | Your Best Life in Retirement
How you can save a million bucks for retirement
5 important housing questions to consider for aging parents
Here’s how to ‘get what’s yours’ from social security
#DearMe: Seniors give advice to their younger selves
How to decide if a target date fund is right for you
Your investment strategy should change as you get older, but there are lots of stocks that are appropriate for 50-something investors.
Q: I’m 55 and just rolled an old 401(k) over into an IRA. What are some stock investments you would suggest for me?
As you get older, your investing priorities change. Instead of focusing on long-term growth, your aim should shift to preserving your nest egg and creating an income stream that can help cover your expenses during retirement. So, since you’re in your 50s and a decade or so away from retiring, look for stocks that can help you do that.
A good place to start is with the Dividend Aristocrats, which are stocks that have increased their dividend annually for at least 25 consecutive years. A couple of my favorites are consumer goods specialist Procter & Gamble, which pays a 3% dividend yield and has increased its payout for 60 consecutive years; and ExxonMobil, an oil and gas titan with a 34-year streak of increases and an above-average 3.8% yield.
Of course, if you don’t want to choose individual stocks, an ETF like the Vanguard High Dividend Yield ETF could be the best choice for you. This fund invests in over 400 stocks. Procter & Gamble and ExxonMobil are among the fund’s top holdings, as are Microsoft, Johnson & Johnson, and JPMorgan Chase.
As a final thought, real estate investment trusts (REITs) can make excellent investments for older individuals, especially when held in tax-advantaged retirement accounts. Personal favoriteRealty Income pays a 4.5% dividend, has increased its payout 93 times since its 1994 NYSE listing, and also has an excellent track record of market-beating returns.
Teresa Kersten is an employee of LinkedIn and is a member of The Motley Fool’s board of directors. LinkedIn is owned by Microsoft. Matthew Frankel owns shares of Realty Income. The Motley Fool owns shares of and recommends Johnson & Johnson. The Motley Fool owns shares of ExxonMobil. The Motley Fool has a disclosure policy.
The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY.
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