One big misconception about Social Security is that you need to be retired to collect benefits. Once you turn 62, you're eligible to file for Social Security , whether you're working full-time, part-time, or not at all. It's not a given that claiming Social Security before you retire is a bad idea. But it's important to understand the implications of doing so and what your options look like. Image...
One big misconception about Social Security is that you need to be retired to collect benefits. Once you turn 62, you're eligible to file for Social Security , whether you're working full-time, part-time, or not at all. It's not a given that claiming Social Security before you retire is a bad idea. But it's important to understand the implications of doing so and what your options look like. Image source: Getty Images. Continue reading
Is 60 the new 40? Many Americans approaching the end of their sixth decade probably like the sentiment. However, in some ways, reaching 60 is a more important milestone than any other previous age. When you move past your 50s, you're on the home stretch toward retirement. By age 60, individuals have little time left for retirement planning . That reality could cause some to be anxious about whethe...
Is 60 the new 40? Many Americans approaching the end of their sixth decade probably like the sentiment. However, in some ways, reaching 60 is a more important milestone than any other previous age. When you move past your 50s, you're on the home stretch toward retirement. By age 60, individuals have little time left for retirement planning . That reality could cause some to be anxious about whether or not they have enough money saved. What is the average net worth for Americans at 60 -- and where do you stand? Image source: Getty Images. Continue reading
Billionaire Stanley Druckenmiller ran Duquesne Capital Management between 1981 and 2010. The hedge fund returned about 30% annually without a single down year during that period. Today, Druckenmiller only manages his own money through Duquesne Family Office, and he made some interesting trades in the fourth quarter. He sold his entire stake in Sandisk (NASDAQ: SNDK) , and more than tripled his sta...
Billionaire Stanley Druckenmiller ran Duquesne Capital Management between 1981 and 2010. The hedge fund returned about 30% annually without a single down year during that period. Today, Druckenmiller only manages his own money through Duquesne Family Office, and he made some interesting trades in the fourth quarter. He sold his entire stake in Sandisk (NASDAQ: SNDK) , and more than tripled his stake in Google-parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) . Interestingly, Wall Street analysts generally think Alphabet is deeply undervalued. The stock has a median target price of $385 per share, according to The Wall Street Journal . That implies 30% upside from its current share price of $295. Continue reading