|
Boeing Stock Lifts The Dow As CFO Updates Cash Goals, Spirit Acquisition Investor's Business DailyBoeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year CNBCBoeing Stock Jumps. Investors Like the New CFO's Outlook for 2026. Barron'sBoeing CFO expects higher 737, 787 jet deliveries next year ReutersBoeing on track to generate billi
|
|
Winter storm barrels into the Northeast, dropping heavy snow CNNLarge Winter Storm Brings Snow and Ice to Northeast and Mid-Atlantic The New York TimesUS north-east braces for ‘significant' snowfall after storm hits midwest The GuardianMore than 50 million on alert for snow and ice from Kentucky to Maine ABC News
|
|
Founded in 2017, Innovator offers everyday investors a portfolio of exchange-traded funds that include options to buffer downside risk while capping gains.
|
|
Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the S&P 500 is down about 20% so far this year.
The financial industry has a name for this scenario: sequence of return risk. "It matters most at retirement when you're selling assets for income," says Wade Pfau, a professor of retirement income at The American College of Financial Services in King of Prussia, Pa. "You need to sell a larger number of shares to get the same amount of money. Those shares are then gone so even if the market bounces back, your portfolio won't recover as much."
SEE MORE Using Your 401(k) to Delay Getting Social Security and Increase Payments
The newly retired are particularly vulnerable because they're "relying on this pot of money to finance the next 20 to 30 years of their life," says Amit Sinha, head of multi-asset design at Voya Investment Management in New York City.
Sequence of return risk is less of a concern for someone further along in retirement because retirees typically shift to safer, more conservative investments and have fewer years to pay for. Plus, these investors may have benefited from portfolios boosted by strong returns early in retirement.
Similarly, if retirement is a decade or more away, what happens to markets today is mostly irrelevant. "You just allow the compounding to work for you and recover over those years," says Sinha.
Someone retiring now, of course, doesn't have that luxury. If this describes you, there are several things you can do to minimize the damage, but first, assess what it's likely to mean for your portfolio long term.
Depending on how you react now, t
|
|
 The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump's bid to crack down on tech giants.
|
|
