Some pension plans let retirees choose between smaller lifelong income payments or a large lump sum. If one or both spouses are in line to receive pensions, a couple should at least explore some of the possibilities for lump sum investment.
Market Recap August was another positive month for stocks, despite plenty of reasons for investors to worry. Markets faced concerns about inflation, a slower job market, higher interest rates, uncertainty around Federal Reserve policy, and ongoing geopolitical tensions. Even so, strong corporate earnings, easing inflation pressures, and continued enthusiasm surrounding artificial intelligence helped support stock prices. The S&P 500 reached a new all-time high early in the month before pulling back slightly, but still finished August above its July close. Technology stocks led the way, helping the...
As college tuition costs continue to escalate across the nation, many parents find themselves searching for creative ways to fund their children’s higher education. One option that frequently surfaces is tapping into accumulated home equity...
Across the United States, traditional economic measures are behaving in a...
While many investors are familiar with the time-tested strategy of...