Tag: nest egg
The scary thing about fully retiring is the obvious thing: the ability to earn stops cold. Most retirees live on what they get from Social Security and what they can spend from their savings, if they have any. So how many older Americans with fixed incomes can accurately be described as being in difficult straits…
Back in December, the Vanguard Group predicted a stock market that would “remain placidly subdued” in 2018. What a difference two months has made. A Morgan Stanley analyst, echoing many on Wall Street, has now declared, “The long-anticipated return of [stock market] volatility has arrived.” The Standard & Poor’s index of 500 stocks slid 10…