Safely Navigating Retirement
The new found “retirement crisis” brings forth many new ideas and strategies to help curb the financial problems that many retirees are finding themselves facing. The old idiom proclaiming “if it seems too good to be true then it probably is” holds more weight now than ever. There are many get rich quick schemes circling as they always have, but the anonymity offered by the internet has caused a surge in such scams. Be wary of emails from people or businesses that you have no history with offering the “deal of a lifetime” or the chance to get in on the ground floor of the next big thing. There is no reason to take money out of your stocks that have shown to be historically a long term gainer to gamble as a day trader with information you picked up from late night television. For more information on this subject, visit this article by Matthew Frankel with The Motley Fool.