Retirement
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Tips for Asset Location & Allocation in Retirement AccountsJason Stipp : I am Jason Stipp from Morningstar. It's IRA Improvement Week on Morningstar.com, and today we're considering frameworks for thinking about asset allocation and rebalancing in retirement. This can be somewhat of a "sticky wicket" as Morningstar's Christine Benz likes to say. She is here with me today to talk about some general rules of thumb and guidelines for helping you with this. Thanks for joining me, Christine. Christine Benz : Jason, great to be here. Stipp : So as you are accumulating during your working years, it seems somewhat straightforward how to arrange the assets in your retirement accounts. You have more aggressive investments and they progressively get more conservative as you approach retirement, but then you get to retirement, and ..... I think that's a useful way for constructing what goes into a retirement portfolio. Think about when you'll actually need the money. Stipp : Seems like a very practical way. Benz : Yes. Stipp : Then ..... maybe some valuation component there. Benz : Exactly. Stipp : It is IRA Improvement Week, and so I do want to talk a little bit about how you would layer on top of this framework the different placements within accounts--retirement accounts--and where you might put some of these assets. There are some rules of thumb because some of them are tax advantaged and …
Jason Stipp : I am Jason Stipp from Morningstar. It's IRA Improvement Week on Morningstar.com, and today we're considering frameworks for thinking about asset allocation and rebalancing in retirement. This can be somewhat of a "sticky wicket" as Morningstar's Christine Benz likes to say. She is here with me today to talk about some general rules of thumb and guidelines for helping you with this. Thanks for joining me, Christine. Christine Benz : Jason, great to be here. Stipp : So as you are accumulating during your working years, it seems somewhat straightforward how to arrange the assets in your retirement accounts . You have more aggressive investments and they progressively get more conservative as you approach retirement, but then you get to retirement, andmaybe some valuation component there. Benz : Exactly. Stipp : It is IRA Improvement Week, and so I do want to talk a little bit about how you would layer on top of this framework the different placements within accounts-- retirement accounts --and where you might put some of these assets. There are some rules of thumb because some of them are tax advantaged andtake a closer look at exactly what is in some of these retirement accounts . Benz : Right. So I guess, if you're thinking about the standard rule of thumb, you would save those Roth assets for
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Pay Off Your Mortgage
… three ways: keeping it in cash, putting it into your retirement plan or paying off your mortgage. Which is the better option ..... that 6% to 8% tax-deferred (or tax-free with a Roth IRA ). That is better than paying off a debt yielding 4 …
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Cash Reserve: How Useful?
… selling equities in a down market to raise money to live on. The advantage of a cash reserve strategy is a mirage, though. Retirees don’t tend to sell equities in a bear market. In fact, a typical portfolio rebalance would still buy equities after a sharp …
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Large Caps for Roth IRA
Hey, I started investing last year, and the financial advisor I talked to opened up an American Funds IRA for me. From those funds, I chose AMCAP (AMCPX) as my large cap fund. This year I opened up a Scottrade account just to search …
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Financial Tips for New Grads
… com to find fee-free places to stash your cash. Take advantage of your retirement plan at work If your employer offers a 401(k), 403(b) or similar retirement plan , make sure you sign up as soon as you’re eligible. This helps you get …
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Retirement plan ??? Need help!
Thanks in advance. I need some help as to where to put $500,000 for the purpose of providing income. This is all after tax money. Low to moderate risk tolerance, no stocks and maybe 5% for growth. Stability is the key with income. Will be retiring in three months. SS provides $2300 a month. Other
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The Achilles Heel of the US Economy
… entitlement programs, which rely on current workers to fund current retirees , are facing such problematic outlooks is that they were designed ..... shifts in the US population, today there are more and more retirees , and fewer and fewer workers. At the same time, Americans …
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We are Greece we just don't know it yet
… government would need $22.2 trillion today, set aside and earning interest, to cover benefits promised to current workers and retirees beyond what taxes will cover. That's $9.5 trillion more than was needed in 2004. •Deficits from 2004 to 2011 would be …
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M* on Seeking Pension Replacement in Retirement
http://news.morningstar.com/articlenet/article.aspx?id=555051&part=1 Topics covered: Income Annuities - SPIA, longevity insurance Buy More [Delay] Social Security Income Policy Ideas on the Horizon
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Predicting Impact of Harvesting Monthly Income
… s total value. I would assume this is something often seen by Retirees who are harvesting that monthly yield to cover their ongoing expenses ..... Retirement approach of harvesting monthly yield to help cover expenses in retirement . dtconroe