Few social programs have done more for Americans over the long run than Social Security. Today, it's a program that provides a monthly benefit to more than 62 million people and, according to the Center on Budget and Policy Priorities, helps to keep more than 22 million beneficiaries above the federal poverty line. Social Security was never designed to be a primary income … [Read more...] about Should You Invest Your Social Security Income Into the Stock Market?
Income
How to Trade Options for Income in Your IRA
Retirement investors looking to boost income have an opportunity that probably doesn't come to mind right away – trading in the options market with strategies like writing covered calls. It sounds like blasphemy. After all, the standard advice is to play it pretty safe in retirement accounts like IRAs, and options would seem to violate all that. For every winning … [Read more...] about How to Trade Options for Income in Your IRA
4 Ways Real Estate Can Boost Retirement Income
Even if you manage to sock away a fair amount in your 401(k) every year, it’s not unusual to worry that inflation may eat away at the value of your retirement portfolio. To reduce the likelihood of that happening, you can boost retirement income by investing in real estate. You’ll gain the added benefit of increased asset diversity and balance in your portfolio. And … [Read more...] about 4 Ways Real Estate Can Boost Retirement Income
Retirement: How To Earn High Income Without The High Risk
Generally, a vast majority of folks, especially retirees, associate the Closed-End Funds [CEFs] with high risk, high leverage, and high fees. Many consider them unsafe and unsuitable for long-term holdings. Some others would argue that they have no place in a conservative or a retirement portfolio. Though it is easy to understand why, we tend to have a different opinion. There … [Read more...] about Retirement: How To Earn High Income Without The High Risk