Financial News from Kiplinger

  • A Peek Behind the Mutual Fund Curtain Reveals Cons as Well as Pros Kiplinger - Wed, Mar 1, 2017 2:30 AM AEDT

    From a cost and risk perspective, mutual funds have a lot going for them, but how well you do with your portfolio depends on how you deal with their weaknesses as well as their strengths.

  • Why Starbucks Stock Is Right for Income Hunters Kiplinger - Wed, Mar 1, 2017 1:10 AM AEDT

    Instead, I'm more excited by a trio like Visa Inc. (V), MasterCard Inc. (MA) and Starbucks Corporation (SBUX). Specifically with Starbucks, a number of investors now claim its growth run is over. Because its recent same-store sales grew less than 5% in the U.S. While 23 times expected earnings is not cheap, I don't agree that Starbucks stock is overvalued given its growth, brand and dividend.

  • Retirement Spending Strategies to Maximize Happiness Kiplinger - Wed, Mar 1, 2017 1:10 AM AEDT

    Keys to making a sustainable financial plan and following it.

  • Fee Or Commission: How's Your Adviser Being Paid And What's Best For You? Kiplinger - Wed, Mar 1, 2017 12:40 AM AEDT

    Ask yourself this: Am I a buy-and-hold investor who doesn't need a lot of hand-holding, or do I need more comprehensive services?

  • 7 Features That Will Sell Your Home Faster Kiplinger - Wed, Mar 1, 2017 12:40 AM AEDT

    Homeowners are sometimes hesitant to upgrade when it's time to sell. After all, you won't be living there much longer, and home remodeling efforts only increase home values by 64% of the average project's costs, according to Remodeling magazine's 2016 Cost vs. Value report. The cost of inaction can be far greater than the small loss you'll incur on any home-improvement projects.

  • The 7 Best ETFs for Retirement Investors Kiplinger - Wed, Mar 1, 2017 12:40 AM AEDT

    Perhaps more importantly, they allow investors to customize their portfolios by honing in on certain asset classes or strategies. For those investors in or near retirement, this fact could be a godsend. Some asset classes were just made for retirement investors.

  • 8 Dividend Stocks Every Retiree Should Own Kiplinger - Wed, Mar 1, 2017 12:30 AM AEDT

    The winning formula for retirees who count on dividend stocks for income comes in two parts. To find dependable dividend payers, look no further than the Dividend Aristocrats, a list of 50 companies in Standard & Poor's 500-stock index that have hiked their dividends every year for at least 25 consecutive years. After combing through the Dividend Aristocrats, we found eight stocks that have increased their dividends every year for at least 50 years.

  • This Super-Saver Family Has Reaped Big Rewards Kiplinger - Wed, Mar 1, 2017 12:01 AM AEDT

    How they have already saved thousands of dollars toward their daughters' education.

  • A Simple Guide to Planning for a Loved One's Long-Term Care Kiplinger - Tue, Feb 28, 2017 7:40 AM AEDT

    Vital paths to staying on top of what could be a stressful, and expensive, issue.

  • When Merely Being 'Suitable' is Not Enough Kiplinger - Tue, Feb 28, 2017 3:00 AM AEDT

    There's only one true path to making sure your adviser is putting your best interests first -- a fee-only 3(38) fiduciary.

  • Six Reasons You May Need More Than A Robo-Adviser Kiplinger - Tue, Feb 28, 2017 2:10 AM AEDT

    Have you ever sat down and discussed your hopes and dreams with a computer? There are some things that algorithms just can't do.

  • Make a Tax-Free Move From a 401(k) to a Roth IRA Kiplinger - Tue, Feb 28, 2017 12:01 AM AEDT

    Here's what you need to know about how to properly make the switch.

  • FAQs About Health Savings Accounts Kiplinger - Sat, Jan 28, 2017 3:30 AM AEDT

    A health savings account can be a powerful financial tool to cover medical expenses and save for the future.

  • 10 Things Boomers Must Know About RMDs From IRAs Kiplinger - Sun, Jan 1, 2017 1:48 AM AEDT

    Nobody was thinking about RMDs at Woodstock. The present from Uncle Sam is a demand that they begin withdrawing funds from their traditional individual retirement accounts and employer-sponsored retirement plans, such as 401(k)s. (Many boomers were in their mid thirties when IRAs first became widely available.) If you're among those at the head of this parade, you need to know the ins and outs of required minimum distributions (RMDs). If your 70th birthday falls between January 1 and June 30, you'll turn 70 1/2 in that same year and must take your first required distribution from your traditional IRAs.

  • How 6 Types of Retirement Income Are Taxed Kiplinger - Fri, Dec 30, 2016 1:00 AM AEDT
    How 6 Types of Retirement Income Are Taxed

    Consider the tax tab your income sources will generate in retirement.

  • 15 Worst States to Live in During Retirement Kiplinger - Sat, Dec 17, 2016 12:01 AM AEDT
    15 Worst States to Live in During Retirement

    Thinkstock Number crunching alone can't tell you where to retire. That's a choice you'll ultimately need to make on your own. But identifying the places that hold the lowest appeal for retirees can at ...

  • 10 Secrets Shoppers Need to Know About Aldi Kiplinger - Tue, Dec 13, 2016 1:10 AM AEDT
    10 Secrets Shoppers Need to Know About Aldi

    For many shoppers who are serious about spending less on groceries, a trip to discount supermarket Aldi is a weekly ritual. If there isn't an Aldi near you, don't be surprised if one pops up soon. Never shopped at Aldi before?

  • 3 Things No One Tells You About Retirement Kiplinger - Sat, Dec 10, 2016 4:10 AM AEDT
    3 Things No One Tells You About Retirement

    Retirees will face a few surprises when it comes time to stop working.

  • 11 ways to avoid wasting money at Christmas Kiplinger - Thu, Nov 24, 2016 12:00 AM AEDT
    11 ways to avoid wasting money at Christmas

    The holidays can put a big dent in anyone's bank account. Even if you were smart enough to set aside extra money to spread some holiday joy, you can easily bust your budget if you use the holidays as an excuse to abandon good financial habits.

  • 15 ways to earn extra cash fast Kiplinger - Wed, Nov 23, 2016 12:00 AM AEDT
    15 ways to earn extra cash fast

    As much as many of us look forward to the holidays, there’s that pang of dread: It’s an expensive time of year. And if you haven’t budgeted for it, those costs will eat into your usual monthly expenses or add to your credit card debt.

  • How Presidential Elections Affect the Stock Market Kiplinger - Thu, Nov 10, 2016 4:30 AM AEDT
    How Presidential Elections Affect the Stock Market

    Myths abound, but when it comes to your portfolio, it doesn't matter much which party wins the White House.

  • 5 tech investments poised for growth Kiplinger - Wed, Nov 9, 2016 12:00 AM AEDT
    5 tech investments poised for growth

    To get higher profits over the long haul, you need higher sales of products and services that keep improving. Tech firms are the best place to look.

  • Financial Decisions You Will Regret in Retirement Kiplinger - Sun, Oct 16, 2016 5:27 AM AEDT

    As more and more baby boomers start eyeing the coastline of retirement, thoughts turn from the daily worry over the Monday-through-Friday commute to concerns about how to fund the golden years. How about your 401(k), IRA and other retirement accounts that make up your nest egg? Do you have a good handle on when to claim Social Security benefits?

  • 10 Most Tax-Friendly States for Retirees 2016 Kiplinger - Fri, Oct 14, 2016 1:11 AM AEDT
    10 Most Tax-Friendly States for Retirees 2016

    iStock Retirees have special concerns when evaluating state tax policies. For instance, the mortgage might be paid off, but how bad are the property taxes - and how generous are the property tax breaks ...

  • Retirees, It's Okay to Spend Kiplinger - Thu, Oct 13, 2016 2:16 AM AEDT
    Retirees, It's Okay to Spend

    Most retirees of moderate means, as well as those who are affluent, don't even spend all of their income, much less draw down the principal in their nest egg.

  • 6 Reasons to Start Shopping at Target Again Kiplinger - Tue, Sep 27, 2016 6:48 AM AEST

    The cheap chic pioneer deserves a fresh look from shoppers who drifted away.

  • 7 Important Steps to Take in the Year Before You Retire Kiplinger - Tue, Sep 27, 2016 6:45 AM AEST

    The most critical phase of retirement may just be the year before you leave your job. Use the time to get your plan squared away.

  • How a Roth Conversion Can Save You and Your Heirs Thousands Kiplinger - Tue, Sep 27, 2016 6:37 AM AEST

    With a Roth, you can avoid RMDs and let more of your money grow tax-free.

  • Ways Your Employer Can Help You Plan for Retirement Kiplinger - Fri, Sep 23, 2016 6:44 AM AEST

    Overwhelmed by your impending retirement? Your employer may be able to assist with the transition.

  • Don't Fall for These Common Social Security Myths Kiplinger - Wed, Sep 21, 2016 4:32 AM AEST
    Don't Fall for These Common Social Security Myths

    The complexity of the system, its evolution and a shift in demographics that threatens its solvency have created confusion over what Social Security can and will deliver . Social Security benefits are primarily based on two variables: your highest earnings over 35 years and your age when you file for benefits. The maximum benefit for someone retiring at full retirement age (66 for people born in 1943 through 1954) in 2016 is $2,639 a month.

  • Tax-Smart Ways to Lower Your RMDs in Retirement Kiplinger - Sun, Sep 11, 2016 11:42 PM AEST
    Tax-Smart Ways to Lower Your RMDs in Retirement

    Once you turn 70½, Uncle Sam wants his share, so he requires you to take withdrawals from your traditional IRAs, 401(k)s and other tax-deferred plans--or face a penalty of 50% of the amount you should have withdrawn. If you've built up a large balance in 401(k)s, rollover IRAs and other tax-deferred accounts and have another source of income, such as a pension, RMDs can create a host of tax tribulations. Because the withdrawals are taxed as regular income, RMDs could push you into a higher tax bracket.

  • Financial Decisions That Will Haunt You in Retirement Kiplinger - Fri, Sep 9, 2016 4:44 AM AEST

    Avoid these mistakes now, so you don't regret them later.

  • When Should You Take Social Security? Kiplinger - Fri, Sep 9, 2016 4:39 AM AEST
    When Should You Take Social Security?

    As a financial professional, I get a lot of questions. Deciding the right age to take your Social Security benefits can be tricky. Although conventional wisdom says to delay taking your benefits for as long as possible, according to the Center for Retirement Research, nearly 40% of retirees file for Social Security as soon as they turn 62, the earliest age at which the Social Security Administration (SSA) allows you to claim your benefits.

  • Which States Tax Social Security Retirement Benefits? Kiplinger - Thu, Sep 8, 2016 12:30 AM AEST

    Your monthly check could take a hit if you live in one of these 13 states.

  • What Retirees Must Know About Medicare Advantage Plans Kiplinger - Wed, Sep 7, 2016 4:35 AM AEST

    If you need additional help covering medical expenses, here's what you need to know.