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.
If the third quarter had a theme, it was resilience. Stocks managed to move higher despite a steady stream of challenges that included higher interest rates, rising oil prices, geopolitical tensions, and renewed inflation concerns. By quarter-end, the major indexes were sitting near record territory, although much of the strength was concentrated in a relatively small group of large technology and AI-driven companies. For much of the summer, investors focused on earnings growth, artificial intelligence spending, and the ability of the U.S. economy to keep expanding despite higher borrowing costs....
While mainstream financial media remains obsessed with the daily gyrations of the stock market, a far more significant structural shift is quietly unfolding in the fixed-income markets. Since the start of July, yields on 10-year U.S. Treasury notes...
A massive redistribution of wealth is quietly transforming the American...
The people sounding the loudest alarms about AI today aren’t...