Tag Archives: Retirement Living

Finance Preview: Barron’s Magazine – March 27, 2023

Magazine - Latest Issue - Barron's

Barron’s Magazine – March 27, 2023:

The 10 Years Before Retirement Are Critical. How to Be Ready.

The 10 Years Before Retirement Are Critical. How to Be Ready.

While retirement planning is a decadeslong endeavor, the way you handle your final decade before leaving the workforce will have a critical impact on how ready you’ll be when that day finally arrives.  

“It hits about 10 years out—this train is coming to me,” says Danielle Byrd Thompson, a financial professional at Equitable Advisors in Washington, D.C. “It’s like a time clock is starting.” 

Analysis: At Dollar General, a Record of Overcharging

Analysis: At Dollar General, a Record of Overcharging

A Barron’s analysis finds that four states fined the retailer a total of more than $1 million for price inaccuracies in 2021 and 2022.

Preferred Shares Offer a Better Way to Bet On Banks

Preferred Shares Offer a Better Way to Bet On Banks

With fat yields and more safety than common stock, preferred shares can be lifeboats for investors navigating banking’s stormy seas. Why bigger is better for small investors.

Schwab and the Bank Mess: Sizing Up the Firm’s Risks

Schwab and the Bank Mess: Sizing Up the Firm’s Risks

The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.

Finance Preview: Barron’s Magazine – March 20, 2023

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Barron’s Magazine – March 20, 2023:

Banks Survived Another Week—and the Biggest Ones Look Like Winners

Banks Survived Another Week—and the Biggest Ones Look Like Winners

The nation’s banking giants will be beneficiaries of the industry’s turmoil. They have cheap stocks, and hefty dividend yields.

First Republic Bank and SVB Both Courted Wealthy Clients. That Wasn’t Enough.

First Republic Bank and SVB Both Courted Wealthy Clients. That Wasn't Enough.

Investors and customers fell in love with these two Silicon Valley banks and their CEOs. Then they fled as the crisis hit.

Why Regulators Didn’t Spot the Risks at Banks—How to Stop the Next Failure

Why Regulators Didn't Spot the Risks at Banks—How to Stop the Next Failure

The banking sector is in turmoil. But the causes are very different from 2008.

The Fed’s New Bind

The Fed’s New Bind

Some economists say the Federal Reserve must pause its interest-rate-rising campaign to help bolster banks, while other economists say that such a pause would indicate the Fed isn’t serious about taming inflation.

Finance Preview: Barron’s Magazine – March 13, 2023

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Barron’s Magazine – March 13, 2023:

How Top Advisors Are Building Portfolios Now

How Top Advisors Are Building Portfolios Now

Inflation and higher interest rates brought an end to rah-rah returns for growth stocks. Advisors are adjusting by buying more bonds and shifting their focus away from once-sexy stock sectors.

Why the SVB-Triggered Selloff Is a Buying Opportunity in Big Bank Stocks

Why the SVB-Triggered Selloff Is a Buying Opportunity in Big Bank Stocks

Larger financial institutions have different funding sources and are subject to much tighter regulation.

Buying an EV? Here’s How Long Until It Will Pay Off.

Buying an EV? Here's How Long Until It Will Pay Off.

It could take five to 10 years for an EV to pay off financially compared with a gasoline-powered car. Here’s what to know if you’re thinking of going electric.

Johnson & Johnson, Kellogg, and 2 Other Spinoffs to Watch

Johnson & Johnson, Kellogg, and 2 Other Spinoffs to Watch

Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive off a chunk of their businesses in 2023. What investors need to know.

Finance Preview: Barron’s Magazine – March 6, 2023

Magazine - Latest Issue - Barron's

Barron’s Magazine – March 6, 2023:

Are You Moving in Retirement to Cut Tax Costs? Consider These 4 Factors First.

Are You Moving in Retirement to Cut Tax Costs? Consider These 4 Factors First.

Low-tax states might not always be the bargain they appear to be. They often have higher taxes on things that matter more to you.

The Boom Time for Farmers Can Last. Who Will Reap the Rewards.

Agriculture is getting its biggest tech upgrade in generations. Deere, AGCO, and other industry giants stand to benefit.

Boot Barn Has Steadily Built Its Western-Wear Empire for Years. Cowboy Chic Is Hot, But It’s No Fad.

Boot Barn Has Steadily Built Its Western-Wear Empire for Years. Cowboy Chic Is Hot, But It’s No Fad.

The retail chain now has 333 stores, and is expanding into the Northeast. It has seen steady growth, high profitability, and low debt. And there’s no reason that its growth won’t continue.

Retirement: Paying Less Taxes On Social Security

Social Security benefits are federally taxed at three different tiers. The amounts depend on your income, marriage status and whether you file jointly or separately. Paying less in taxes can come down to how much money you pull out of your retirement accounts in a given year. Watch this video for tips on how to pay less in taxes on your Social Security benefits.

Retirement: ’12 Countries With Low Cost Of Living’

If you’re considering retirement abroad, you need information, and you need lots of it. But more than that, you need guidance on how to interpret that information. In many cases, you could decrease your monthly expenses, perhaps significantly, simply by relocating to a new country. Depending where in the world you choose to retire, you could enjoy big savings on housing, and other expenses. There are many tempting places in Europe, Latin America and Asia where you can live large on a small budget. You’ll also need to consider the visa application and residency process for moving to these countries. The countries mentioned in this video are some of the best option for retiring comfortably with low cost of living and access to healthcare. These countries are catching on quickly by attracting retirees with enticing retirement plans. So here are 12 Best countries to retire comfortably.

  1. Portugal
  2. Costa Rica
  3. Malaysia
  4. Ecuador
  5. Slovenia
  6. Thailand
  7. Greece
  8. Vietnam
  9. Mexico
  10. Philippines
  11. Uruguay
  12. Mauritius

Retirement: How Monthly ‘Social Security’ Benefits Are Calculated (Video)

Planning to save for retirement might not be a priority. Luckily, you’ll have some help from Social Security. Different salaries can drastically raise or lower your Social Security benefits. Here’s how much you can expect, based on six different salaries. The average Social Security check in 2020 is $1,503.  Figuring out how much you can expect every month when you retire depends on a few criteria.  The size of your payment will be based on income from your working years, the year you were born and the age when you decide to start receiving benefits. Luckily, CNBC did the math for a wide range of salaries, and we can estimate your future benefits if you make between $30,000 and $100,000 per year.  Remember: Social Security was not envisioned as your sole source of money for retirement, and the totals are always changing. Watch this video for a breakdown of how much you will get and how your monthly benefit will be calculated based on multiple different salaries. 

Mobile Lifestyle Video: The Rise Of Retirement-Age RV Nomad “Workcampers”

The pandemic has spurred surges in camping and RV travel due to the need for social distancing and outdoor activity. But it’s not all fun and vacations: one group of Americans adopted a self-sufficient and nomadic lifestyle long ago, living full-time in motor homes and working seasonal jobs to support themselves as they travel the United States. Paul Solman reports on retirement-age “workampers.”

Retirement: 53-Story “The Clare” Tower Sale Signals Booming “Senior Luxury Living” Sector In Chicago

From a The Real Deal online article:

A unit at the Clare costs an average one-time entrance fee of $800,000 or so, along with around $5,500 monthly fees. The entrance fee is refunded when a resident dies or moves out. Entrance fees at a typical senior living facility is around $369,000.

The 53-story Clare tower on Chicago’s Magnificent Mile has sold for $105 million, a sign that luxury senior living facilities hold huge upside in today’s market.

Fundamental Advisors LP sold the luxury seniors-only tower for twice what the private equity firm paid for the 334-unit tower in 2012, according to the Wall Street Journal.

“The Clare” website 

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Retirement: Colleges Cater To Baby Boomers By Building On-Campus Living Facilities (WSJ)

From a Wall Street Journal online article:

Mirabella Senior Living at Arizona State UniversityMirabella Senior Living at Arizona State UniversityMore schools are building or planning senior-living facilities on or near campus to cater to baby boomers who view college as a stimulating alternative to bingo at an archetypal retirement home. Some savor the pursuit of academic and cultural interests. Others are lured by the promise of interaction with younger students, for whom many hope to act as mentors.

It is the latest way for universities to profit from one of their greatest assets, land. Colleges have already taken advantage of this privilege by developing hotels and high-end student housing. Now, some see sales of upscale senior housing as the next step.

Lasell University, just west of Boston, built one of the first on-campus senior communities two decades ago. It requires members to take 450 hours of coursework or activities each year. Other programs have since sprouted up in places like the University of Michigan and Oberlin College in Ohio. Some communities are on campus; others are situated nearby and may have only a loose affiliation with the school. Many offer assisted living and nursing options.

To read more: https://www.wsj.com/articles/seniors-want-to-go-back-to-class-universities-want-to-sell-them-real-estate-11576751403