The 4% rule is dead. Retirees have long counted on being able to retire and take out 4% each year. However, a little more than 20-years later, the “death of the withdrawal rate” has arrived. What should retirees do now?
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If you haven’t heard of Modern Monetary Theory, or “MMT,” you will soon. If you recently lost your job due to the economic shutdown, and received a stimulus check, you are already a beneficiary of it.
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The market tanks on Monday following an escalation of Fed policy into “QE Infinity” as Congress balks at getting Fiscal stimulus passed. The good news is the first phase of the bear market is getting exhausted and a set for a reflexive bounce is near.
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Flip on CNBC, pick up a financial paper, or scroll a financial website and you…
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Are you an “investor” or a “speculator?” In today’s market the majority of investors are…
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