For some people transitioning savings to retirement income, being too conservative with investments won’t have the intended effect of protecting principal over the long term, writes retirement income specialist Michael Maehl.
Retirement income specialist Michael Maehl advises that mainstream stocks have been the simplest way for people to build real wealth and increase income over time at a far greater rate than inflation can take it away.
Four types of wealth are equally important to our overall well-being. They include financial, social, physical, and time. I want to address the financial portion, as that can affect all of them.
The market has rallied over 25% since last October. The S&P 500, Dow Jones Industrial Average, and Nasdaq composite have been trading around new 52-week highs.
In theory, this means we've entered a new bull market. However, many people simply don't