The post The Retirement Risk Most Financial Advisors Don’t Talk About by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Most people with $1M or more saved for retirement assume the hardest part is behind them. It isn’t. The strategies that build wealth are not the same as the ones that sustain it. And the early mistakes made in retirement—tax...
The post The Retirement Risk Most Financial Advisors Don’t Talk About by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Most people with $1M or more saved for retirement assume the hardest part is behind them. It isn’t. The strategies that build wealth are not the same as the ones that sustain it. And the early mistakes made in retirement—taxes, timing, Social Security decisions—are often irreversible. By the time most retirees notice the impact, it has already compounded. According to Allianz Life’s 2025 Annual Retirement Study, 64% of Americans worry more about running out of money than death itself. That concern reflects a real gap between what people have saved and whether they have a plan to make it last. To make sure your retirement strategy is built for what comes next, take our AdviserMatch quiz today. Here is what most financial advisors are not telling investors with $1M or more. 4 Retirement Risks That Can Quietly Reduce Your Income Retirement rarely breaks in obvious ways. In most cases, the damage builds quietly until it is too late to correct. Here is where the risk accumulates: 1. The Tax Trap Inside Retirement Accounts Most retirement savings sit in tax-deferred accounts, 401ks and traditional IRAs. Every dollar that comes out is taxed as ordinary income. A retiree drawing $80,000 a year from a traditional IRA is not receiving $80,000. After federal taxes, state taxes, and potential Medicare surcharges, the real number is significantly lower. For investors with $1M or more spread across multiple account types, the order in which you draw down those accounts can represent a significant difference in lifetime after-tax income. Without a deliberate sequencing strategy, the default is almost always the most expensive option. This is one of the most common and least discussed ways retirees quietly overpay. Take our AdviserMatch quiz to find out if your withdrawal strategy is costing you. 2. The Five ...
Amazon announced it has stitched together logistics services into a unified supply chain product for manufacturers and retailers to move and distribute heavy freight and parcels, which poses a potential threat to other freight management and transport companies. The post Amazon rebrands third-party logistics arms as unified supply chain service appeared first on FreightWaves.
Amazon announced it has stitched together logistics services into a unified supply chain product for manufacturers and retailers to move and distribute heavy freight and parcels, which poses a potential threat to other freight management and transport companies. The post Amazon rebrands third-party logistics arms as unified supply chain service appeared first on FreightWaves.
GameStop Corp. ’s audacious $56 billion bid for eBay Inc. is relying on a tactic made famous by the corporate raiders of the 1980s to help prove it has the means to carry out the deal — if not the cash in hand. The gaming retailer led by Canadian billionaire Ryan Cohen said it obtained a “highly confident letter” from Toronto-based TD Bank to provide about $20 billion in debt financing for the tak...
GameStop Corp. ’s audacious $56 billion bid for eBay Inc. is relying on a tactic made famous by the corporate raiders of the 1980s to help prove it has the means to carry out the deal — if not the cash in hand. The gaming retailer led by Canadian billionaire Ryan Cohen said it obtained a “highly confident letter” from Toronto-based TD Bank to provide about $20 billion in debt financing for the takeover. The move is meant to provide loose assurance that GameStop’s proposal has backing, though the letter isn’t legally binding. “You’re expanding the art of the possible,” said Matthew Steinaway , chief investment officer of the global fixed-income solutions group at State Street. Such letters were popularized in the days of Michael Milken ’s Drexel Burnham Lambert, when acquirers including Carl Ichan would lean on the former junk-bond king’s firm to support their hostile bids — often requiring large sums of debt. Cohen is reviving the maneuver as he targets a company four times GameStop’s size, offering $125 per share in cash and stock, about a 20% premium to eBay’s stock as of Friday’s close. Unlike a committed financing — when banks underwrite an acquisition on their balance sheets — a highly confident letter provides no such firm backing, and can indicate that a deal is less likely to materialize. For GameStop, TD’s letter allows it to line up financing without having to shell out costly commitment fees. And for the Canadian lender, the letter means it doesn’t have to risk its balance sheet should markets seize up and the bankers fail to sell the debt to investors in the bond and loan markets: It only becomes a committed financing if a deal is signed. Any deal would mark a deepening of ties between GameStop and TD, which last year was sole lead underwriter of $2.7 billion of convertible securities issued by the company. EBay issued a statement Monday saying the online marketplace would review the offer “with a focus on the value to be delivered” to its shareholders, ...
Activist investors have targeted several prominent packaged food giants, including Kraft Heinz (NASDAQ: KHC) and PepsiCo (NASDAQ: PEP) , over the past few years. Those companies were once considered stable blue chip stocks, but they lost their momentum as they faced tougher competition, shifting consumer tastes, and intense macro headwinds. As a result, big activist investors -- like Trian Partner...
Activist investors have targeted several prominent packaged food giants, including Kraft Heinz (NASDAQ: KHC) and PepsiCo (NASDAQ: PEP) , over the past few years. Those companies were once considered stable blue chip stocks, but they lost their momentum as they faced tougher competition, shifting consumer tastes, and intense macro headwinds. As a result, big activist investors -- like Trian Partners at Kraft Heinz and Elliot Management at PepsiCo -- swooped in and pushed for big changes. However, one struggling packaged foods giant that hasn't attracted much activist attention is General Mills (NYSE: GIS) , which lost nearly 40% of its value over the past 12 months and trades at just 8 times this year's earnings. Image source: Getty Images. Continue reading
J2R The current stance of monetary policy is well-positioned to balance the Federal Reserve's dual mandate, but the risks to both sides of the mandate have increased, said New York Federal Reserve's John Williams. Williams gave a keynote before the Cynosure Group Spring Symposium on Monday, May 4. "The extent and duration of the effects of supply disruptions and higher energy prices that are emana...
J2R The current stance of monetary policy is well-positioned to balance the Federal Reserve's dual mandate, but the risks to both sides of the mandate have increased, said New York Federal Reserve's John Williams. Williams gave a keynote before the Cynosure Group Spring Symposium on Monday, May 4. "The extent and duration of the effects of supply disruptions and higher energy prices that are emanating from the Middle East conflict are key factors that will shape the global economic outlook. We simply can't know how this will play out," said the NY Fed president. "Accordingly, at its meeting last week, the FOMC decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent," he said. There was an unusual split in the voting during this meeting, which saw four dissenting votes, the highest level of dissent since 1992. " Three were against the 'easing bias' in the statement and one for a cut (Miran)," said David Alton Clark , Investing Group Leader for Retirement Income Warrior, who described this particular voting breakdown as "unprecedented." The majority of the Federal Open Market Committee didn't see the need to change the 'easing bias' of the Fed statement, said Fed Chair Jerome Powell during his post-decision press conference. Williams had supported the rate decision as well as " easing bias". The FOMC voting committee member said his base case for inflation is about 3% for 2026, which is expected to drop to 2% in 2027 as the effects of tariffs and energy prices move into the rearview mirror. "I anticipate real GDP growth to be between 2 and 2-1/4 percent this year and next. Consequently, with growth around its trend pace, I expect the unemployment rate will remain in its recent range of 4-1/4 to 4-1/2 percent," said Williams. "Because the global economy is highly integrated, the emerging supply chain issues will have wide-ranging consequences. For example, Asian countries that play a key role in the supply of high-tech equipment are pa...
Daniel Grizelj The labor market is in better shape than most people realize, which should continue to support the broader economy and extend the current bull market, according to Ryan Detrick, chief market strategist at Carson Group. In an interview with CNBC, Detrick maintained his bullish stance on equities, particularly favoring the technology, industrials, and financials sectors. “I think one ...
Daniel Grizelj The labor market is in better shape than most people realize, which should continue to support the broader economy and extend the current bull market, according to Ryan Detrick, chief market strategist at Carson Group. In an interview with CNBC, Detrick maintained his bullish stance on equities, particularly favoring the technology, industrials, and financials sectors. “I think one of the areas Carson's been a little different. We think the labor market’s in much better shape than most people give it credit for,” Detrick said. He pointed to solid ADP employment data and persistently low unemployment as evidence that the labor market remains healthy, which he believes will benefit financials and the economy overall. Detrick highlighted historical patterns that support continued market gains, noting that when the S&P 500 is up 5% heading into May, the rest of the year has been positive 23 out of 25 times. Following the second-best April on record, he added that May has historically been higher nine out of 10 times after the strongest Aprils, dismissing the popular “sell in May and go away” adage. While acknowledging that technology stocks may be “a little overheated” in the near term following a strong rally, Detrick expressed confidence in the sector’s leadership over the longer term. He emphasized that earnings growth has been the driving force behind market gains, with first-quarter earnings jumping from approximately 14% year-over-year growth to 27% as reporting season progressed. On consumer sentiment, Detrick noted that pessimism remains elevated despite the recent rally, with 80% of respondents in a recent Gallup poll rating the economy as fair to weak. However, he views this skepticism as a potential positive, suggesting that lowered expectations leave room for upside surprises. The strategist also highlighted the importance of market rotation, describing it as “the lifeblood of a bull market.” He suggested that financials, which have lagged dur...
It's the grandest and glitziest event in the fashion calendar, but this year’s Met Gala has sparked backlash thanks to its new honorary chairs, Jeff Bezos and Lauren Sánchez Bezos. The billionaire Amazon founder’s involvement has led to boycotts and criticism of the event. Lucy Hough speaks to the Guardian’s fashion and lifestyle editor, Morwenna Ferrier Continue reading...
It's the grandest and glitziest event in the fashion calendar, but this year’s Met Gala has sparked backlash thanks to its new honorary chairs, Jeff Bezos and Lauren Sánchez Bezos. The billionaire Amazon founder’s involvement has led to boycotts and criticism of the event. Lucy Hough speaks to the Guardian’s fashion and lifestyle editor, Morwenna Ferrier Continue reading...