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The Social Security Administration has indicated that benefits usually only replace 40% of your pre-retirement income. Therefore, having additional income sources is essential for a secure retirement.
Income taxes don’t go away just because you started collecting Social Security retirement benefits. You still might get stuck with a federal income tax bill on your benefits if you earn certain ...
Social Security benefits. Type of portfolio income. Dividends. Interest from a bank account. Bond interest. Dividends from preferred stock. Capital gains (from sales of stock, real estate and ...
Beyond investing in the stock market, real estate is a fantastic way to diversify your portfolio for retirement and trim back any reliance on Social Security. But it can be cumbersome, costly and ...
The Social Security Administration says the program should replace about 40 percent of your pre-retirement income. In short, you’ll need more income to maintain your standard of living.
The Vanguard International High Dividend Yield ETF (NASDAQ: VYMI) rounds out a retirement income strategy by tapping into global dividend streams. Since its 2016 launch, this fund has provided ...
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