‘Retirement Is Within My Grasp’: A Recession Is on the Horizon and Stocks Are Falling. I’m 57. What, If Anything, Can I Do?

By Steven Orlowski, CFP, CNPR

At 57, retirement is no longer a vague concept—it’s a looming reality. If you've spent decades saving and investing with the hope of retiring in your early 60s, watching the market tumble as recession clouds gather can feel like a punch to the gut. Your 401(k) may be shrinking. Your confidence, too.

But take a breath. This moment—however nerve-racking—is not a dead end. There are smart, strategic steps you can take to protect your nest egg and possibly even strengthen your retirement readiness.

Here’s what to consider:

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1. Don’t Panic-Sell

It’s tempting to flee the market when stocks are falling. After all, if retirement is only a few years away, why expose yourself to more losses?

But selling in a downturn locks in those losses. History shows that markets rebound. After the 2008 financial crisis, the S&P 500 regained its value within a few years. Those who stayed invested were rewarded; those who jumped ship often missed the recovery.

If your retirement horizon is 5 to 10 years away, you still have time to ride out short-term volatility. Instead of selling, review your asset allocation.

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2. Revisit (and Possibly Rebalance) Your Portfolio

The closer you are to retirement, the more conservative your investments typically should be. But too conservative, and you risk outliving your money due to inflation.

Now’s a good time to revisit your mix of stocks, bonds, and cash equivalents. You might rebalance your portfolio to reduce risk—shifting some equities into short- or intermediate-term bonds, dividend-paying stocks, or other defensive assets.

But don’t dump everything into cash. Even during recessions, some sectors—like utilities, healthcare, and consumer staples—tend to hold up better than others.

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3. Boost Your Cash Reserves

If you plan to retire within the next 2–5 years, it's wise to build a cash cushion. Aim for 1–2 years' worth of living expenses in accessible savings or money market accounts. This way, if the market is still down when you retire, you won’t be forced to sell investments at a loss to fund everyday spending.

You might also consider a “bucket strategy”: keep short-term spending needs in cash, intermediate needs in bonds, and long-term needs in stocks.

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4. Maximize Retirement Contributions

While you’re still working, take full advantage of retirement account catch-up contributions. In 2025, those 50 and older can contribute an extra $7,500 to their 401(k), for a total of $30,500. IRAs also allow an extra $1,000 for those 50 and up.

If your income allows, consider also contributing to a Roth IRA (or backdoor Roth), especially if you expect your tax rate to be higher in retirement. Roths offer tax-free withdrawals and no required minimum distributions.

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5. Delay Retirement—Even Slightly

Working just a few more years can dramatically improve your retirement picture. It gives you more time to save, reduces the number of years you'll draw down your nest egg, and increases your Social Security benefits.

Each year you delay claiming Social Security beyond full retirement age (up to age 70), your benefit increases by 8%. That’s a guaranteed return—hard to beat, especially during market uncertainty.

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6. Reevaluate Retirement Spending Expectations

Sometimes the math just doesn’t work—at least not with your original vision of retirement. But small adjustments can go a long way.

Could you downsize your home, relocate to a lower-cost area, or cut discretionary expenses like travel or dining out in early retirement years? Planning for flexibility now helps avoid more painful cuts later.

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7. Meet With a Financial Planner

Now is not the time to “wing it.” A Certified Financial Planner™ can help you model different retirement scenarios, test your portfolio’s resilience in a downturn, and build a withdrawal strategy that minimizes taxes and maximizes longevity.

Some planners even specialize in “retirement readiness checkups”—tailored plans for people in your exact situation.

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The Bottom Line

Recessions are scary—especially when they hit right as you’re eyeing the finish line. But being 57 doesn’t mean it’s too late to adapt. You’re old enough to benefit from decades of compounding, yet still young enough to make meaningful adjustments.

So breathe. The path may be bumpier than expected, but retirement is still within your grasp.

 

What to Stock Up On (and What to Skip) Before Tariffs Raise Prices

From electronics to everyday essentials, here's what to prioritize in your shopping cart as trade tensions rise.

As global trade tensions heat up and new tariffs loom, the impact on everyday consumers is becoming harder to ignore. Prices on imported goods—from smartphones to cereal—could jump significantly in the coming months. Whether you’re a savvy shopper or simply want to shield your wallet from inflationary shocks, knowing what to stock up on (and what to skip) can help you stay one step ahead.

Here’s a strategic guide on how to shop smart before tariffs squeeze your budget.

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Stock Up On These Items Before Prices Spike

1. Electronics and Appliances

Why: Many consumer electronics are assembled or sourced from countries directly affected by tariffs, particularly China and Southeast Asia.

What to Buy:

• Smartphones, tablets, and laptops

• TVs and gaming consoles

• Small appliances (microwaves, toasters, coffee makers)

• PC components (graphics cards, hard drives, etc.)

Tip: If you’ve been putting off a tech upgrade, now’s the time. Retailers may offer pre-tariff deals to clear current inventory.

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2. Household Essentials

Why: Everyday items like paper products, detergents, and cleaning supplies often rely on raw materials or packaging from overseas.

What to Buy:

• Toilet paper and paper towels

• Laundry detergent and dish soap

• Trash bags and storage containers

Tip: Stocking up during store sales or with bulk discounts can save you money in the long run—without hoarding.

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3. Non-Perishable Groceries

Why: Food imports can be hit hard by tariffs, especially canned and packaged goods.

What to Buy:

• Canned vegetables, beans, and soups

• Pasta, rice, and grains

• Cooking oils, spices, and condiments

• Coffee and tea

Tip: Rotate your pantry items to ensure freshness, and buy what you’ll realistically use within 6–12 months.

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4. Baby and Pet Supplies

Why: Many baby and pet products—including diapers, formula, and pet food—depend on global supply chains.

What to Buy:

• Diapers and wipes

• Infant formula and baby food

• Pet food and treats

• Litter and grooming supplies

Tip: Manufacturers may pass cost increases directly to consumers. Buying now can help you lock in lower prices.

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5. Seasonal and Back-to-School Items

Why: Retailers import seasonal merchandise months in advance. As tariffs take effect, costs for future shipments will likely rise.

What to Buy:

• School supplies (backpacks, notebooks, calculators)

• Summer gear (grills, pool toys, outdoor furniture)

• Holiday decorations (Halloween, Christmas, etc.)

Tip: Take advantage of pre-season promotions before retailers adjust prices upward.

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What to Skip (For Now)

1. Perishable Foods

Why: Fresh produce, dairy, and meat have limited shelf lives and won’t benefit from stockpiling.

What to Do: Buy as needed. Instead, consider frozen or shelf-stable alternatives.

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2. Trendy Tech and Wearables

Why: Prices on cutting-edge gadgets may drop in the short term as newer models are released—even with tariffs.

What to Do: If you're eyeing the latest smartwatch or VR headset, waiting could actually save you money.

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3. Furniture and Home Décor

Why: These big-ticket items are often marked up heavily. You may find post-tariff clearance sales if demand drops.

What to Do: Shop around, compare prices, and wait for deals unless you urgently need a piece.

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4. Cars and Major Appliances (with Caution)

Why: While tariffs may affect auto parts and some major appliances, price changes are slower to hit due to dealer inventories.

What to Do: If your car or fridge is working fine, wait for promotional offers. If you must buy, do it before dealers adjust MSRP.

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Final Tips for Smart Pre-Tariff Shopping

• Watch retailer sales: Many are discounting current stock before new imports arrive at higher costs.

• Use loyalty programs and coupons: These can stretch your budget further when stocking up.

• Avoid panic buying: Focus on what you use regularly, not just what’s on sale.

• Follow trade news: Keeping an eye on which sectors are affected helps you shop proactively.

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Conclusion

Rising tariffs can feel like an unpredictable wave hitting your wallet—but with a bit of foresight, you can minimize the splash. Focus on stocking up where the impact will be felt most—electronics, essentials, and pantry staples—and avoid overbuying perishable or rapidly depreciating items.

By being a strategic shopper now, you’ll be better equipped to weather the inflationary pressure ahead—and keep your household running smoothly, no matter what happens on the global stage.

 

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Does it Still Make Sense to Wait to Claim Social Security Retirement Benefits? Here’s What Experts Say

For decades, financial experts have advised retirees to delay claiming Social Security retirement benefits as long as possible—ideally until age 70—to maximize their monthly payments. But with inflation pressures, market volatility, rising healthcare costs, and questions about the long-term solvency of Social Security, many Americans are wondering: Does it still make sense to wait?

We asked retirement planners, economists, and Social Security experts for their take. Their answers reflect a more nuanced reality—one that depends on individual circumstances as much as on raw financial math.

The Classic Case for Waiting

The Social Security Administration allows individuals to claim benefits as early as age 62, but full retirement age (FRA) ranges from 66 to 67, depending on birth year. Waiting until age 70 earns you delayed retirement credits that increase your monthly benefit by about 8% per year past FRA.

“If you live into your 80s or beyond, waiting to claim can significantly increase your lifetime income,” says Alicia Munnell, director of the Center for Retirement Research at Boston College. “For healthy individuals with longevity in their family, it still makes excellent financial sense.”

For example, someone with a FRA benefit of $2,000 per month would receive roughly:

• $1,400/month at age 62

• $2,000/month at FRA (age 66–67)

• $2,480/month at age 70

That higher benefit is inflation-adjusted for life—and it may benefit a surviving spouse as well.

The Case for Claiming Earlier

Still, experts stress that maximizing Social Security is not the same as optimizing it.

“People don't live in spreadsheets,” says Laurence Kotlikoff, an economist and author of Get What’s Yours: The Secrets to Maxing Out Your Social Security. “If you’re out of work, facing health issues, or need the money to avoid tapping retirement savings in a down market, claiming earlier may be the smart move.”

The COVID-19 pandemic pushed many older Americans into early retirement. Others face mortgage payments, caregiving responsibilities, or medical expenses that make waiting impractical.

“It’s not just about math—it’s about flexibility and peace of mind,” says Christine Benz, director of personal finance at Morningstar.

What About Social Security’s Solvency?

The Social Security Trustees project that the program’s trust fund will be depleted by 2034, after which incoming payroll taxes will cover about 80% of scheduled benefits. That has led some to worry that delaying benefits could backfire if cuts are enacted.

“Don’t panic,” says Nancy Altman, president of Social Security Works. “Even in a worst-case scenario, benefits won’t vanish, and political pressure will be immense to fix the system before cuts occur.”

Still, some advisors recommend a balanced approach—claiming one spouse’s benefit early and delaying the other’s, or using savings to bridge a gap until FRA or age 70.

A Personal Decision

Ultimately, there’s no one-size-fits-all answer.

You might consider waiting if:

• You expect to live into your 80s or 90s

• You have other sources of income

• You want to maximize spousal or survivor benefits

You might claim earlier if:

• You’re in poor health or have a shorter life expectancy

• You need the income now

• You’re concerned about market risks or longevity of savings

“Waiting is a great strategy for those who can afford it,” says Wade Pfau, professor of retirement income at The American College. “But it's not always realistic—or necessary—for everyone.”

Bottom Line

Social Security remains a vital source of income for millions of retirees. While waiting to claim can still offer significant financial advantages, especially for those who live longer, the best time to claim benefits depends on your unique mix of health, wealth, work, and personal goals.

As with all retirement decisions, it's wise to consult a Certified Financial Planner or retirement advisor who can model scenarios specific to your situation. Because in the end, the best strategy is the one that lets you retire with confidence.

When to Sell Your Stock Knowing when to sell a stock is a major decision investors must make. While there's no one correct answer, we look at some best practices here.

 

When to Sell Your Stock

Knowing when to sell a stock is a major decision investors must make. While there's no one correct answer, we look at some best practices here.

Buying a stock is relatively easy — but knowing when to sell? That’s where many investors struggle. Whether you're a seasoned trader or a beginner, deciding when to part ways with a stock can make a significant difference in your overall returns. While there’s no one-size-fits-all rule, there are several best practices that can guide your decision.

1. Your Investment Thesis Has Changed

One of the clearest signs it’s time to sell is when the reason you bought the stock no longer holds true. Maybe the company has lost its competitive advantage, suffered a major leadership change, or entered a market downturn it can't seem to escape. If the fundamentals that made the stock attractive have deteriorated, it may be wise to move on.

2. The Stock Has Reached Your Price Target

Smart investors often set a target price when they first buy a stock — a level at which they would be happy to sell and lock in gains. If your stock has hit or exceeded your target, selling at least part of your position can be a disciplined way to realize profits rather than letting emotions like greed or fear cloud your judgment.

3. You Need to Rebalance Your Portfolio

Over time, certain stocks or sectors may grow to represent a much larger portion of your portfolio than you intended. Regular portfolio rebalancing — selling some investments that have grown disproportionately and buying those that have lagged — helps maintain your desired risk level and investment strategy.

4. Better Opportunities Exist

Sometimes, selling a good stock isn’t about something the company did wrong — it’s about what else is out there. If you find a new investment opportunity with greater potential and you need to free up capital, it can make sense to sell a current holding to fund the new one.

5. You Need the Money

Life happens — and sometimes you need to access your investments for major expenses, such as buying a home, paying for education, or covering an emergency. While it's ideal to let your investments grow undisturbed, practical realities may require selling.

6. Tax-Loss Harvesting

In taxable investment accounts, selling underperforming stocks to realize a loss can offset gains elsewhere and reduce your tax bill — a strategy known as tax-loss harvesting. While it’s never fun to sell at a loss, doing so strategically can provide a silver lining at tax time.

Common Mistakes to Avoid

• Selling based on emotions: Fear during a market dip or greed during a surge can lead to poor decisions. Stick to a plan.

• Chasing recent performance: Just because a stock has been hot lately doesn’t mean it will stay that way.

• Ignoring fundamentals: Always ground your decisions in research, not rumors or headlines.

Final Thoughts

There’s no perfect formula for knowing exactly when to sell a stock, but using a disciplined, thoughtful approach can greatly improve your results. Regularly review your portfolio, stay true to your investment goals, and don't be afraid to take action when the evidence tells you it’s time. After all, making smart selling decisions is just as important as picking the right stocks to buy.

 

These Four Stocks Just Entered Overbought Territory — and Could Be Due for a Drop if Volatility Persists

After a strong run in the markets, several high-profile stocks have now entered overbought territory, raising red flags for short-term investors. If current market volatility continues — fueled by uncertain economic data, shifting interest rate expectations, and geopolitical tensions — these stocks could be primed for a pullback.

Here are four names to watch closely:

1. NVIDIA (NVDA)

NVIDIA has been the poster child for AI-driven optimism, and its stock price has reflected that enthusiasm. Shares are up more than 30% in the past two months, recently pushing its Relative Strength Index (RSI) above 75 — well into overbought territory. While the company's long-term growth prospects remain solid, valuations are stretched, and any hiccup in the AI narrative or a broad tech selloff could trigger a sharp correction.

2. Tesla (TSLA)

Despite mixed earnings and ongoing margin pressure, Tesla has surged back into the spotlight. The stock has rallied nearly 25% off its recent lows, driven largely by hopes for new product announcements and improved production numbers. However, with an RSI north of 70 and signs of investor complacency building, Tesla could be vulnerable if broader risk-off sentiment takes hold.

3. Advanced Micro Devices (AMD)

AMD has benefitted from the same AI tailwinds pushing NVIDIA higher, with strong demand for its next-generation chips. However, recent price action suggests the stock may have run too far, too fast. Its RSI reading recently topped 72, signaling overbought conditions. If investors decide to lock in profits, AMD could face short-term pressure, especially if broader semiconductor sector volatility increases.

4. Meta Platforms (META)

Meta’s impressive turnaround — driven by cost cuts, new AI initiatives, and improved ad revenue — has propelled the stock to new 52-week highs. However, its RSI has now climbed above 70, and options markets are pricing in higher volatility ahead. With regulatory threats and consumer spending concerns still lurking, Meta’s stock could be susceptible to a pullback if market jitters persist.

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The Bottom Line

While all four companies are strong fundamentally, technical indicators suggest caution may be warranted in the near term. Overbought conditions don't guarantee a reversal — but when paired with broader market instability, they can set the stage for sharper-than-expected declines.

Investors with significant exposure to these names might consider trimming positions, tightening stop-loss levels, or using hedging strategies to protect gains. As always, maintaining a disciplined approach and watching key technical and macroeconomic signals will be crucial in the weeks ahead.

Want to Leave Money to Your Descendants But Still Keep Control? Choose Your Trustee Wisely

 

Want to Leave Money to Your Descendants But Still Keep Control?

Choose Your Trustee Wisely

Don't Make the Family Slacker Distribute Money to Your Descendants. Your Choice of Trustee Can Influence How Your Heirs Handle the Wealth You Leave Behind.

When you spend a lifetime building wealth, it's natural to want your descendants to benefit from it. But what many people don’t realize is that how you pass it on matters just as much as how much you leave behind. A key decision that can make or break your legacy? Choosing the right trustee.

A trustee is the person or institution you appoint to manage and distribute the assets in a trust according to your instructions. They’re the one making judgment calls after you're gone — paying out money for education, buying a first home, or withholding funds if an heir is making poor life choices.

It’s tempting to appoint a family member, especially a child or sibling. But not everyone is equipped to handle the responsibility. Appoint the family slacker — the one who can’t keep a job, who borrows money but forgets to pay it back — and you risk sowing resentment and chaos among your heirs. Worse, your assets could be mismanaged or frittered away.

What Makes a Good Trustee?

A good trustee should have three qualities:

• Financial Competence: They don’t need to be a Wall Street wizard, but they should understand basic investment principles, accounting, and tax obligations.

• Impartiality: They must treat all beneficiaries fairly, even when emotions run high.

• Trustworthiness: Above all, you need someone who will respect your wishes and act in the best interests of your heirs — not themselves.

Family members can work well as trustees if they meet these criteria. But if there’s any doubt, it’s often better to appoint a professional trustee, like a bank trust department, law firm, or licensed fiduciary. Yes, they charge fees — but they also bring experience, neutrality, and structure that can protect your legacy for generations.

Influence from Beyond the Grave

The right trustee doesn't just safeguard money. They influence how your descendants experience wealth. A responsible trustee can help younger generations learn financial discipline, fund educational goals, encourage entrepreneurship, and discourage reckless spending.

You can even build specific instructions into the trust document — milestones like graduating from college, maintaining a job, or completing rehab if needed — that the trustee will enforce. A bad trustee might ignore these conditions; a good one will honor them and keep your wishes alive.

How to Choose (and Prepare) Your Trustee

When choosing a trustee:

• Be honest about your family’s strengths and weaknesses.

• Discuss the role in advance with your chosen trustee to ensure they’re willing and able to serve.

• Provide clear guidance in your trust documents to make their job easier.

• Consider naming a backup trustee in case your first choice is unable or unwilling to serve when the time comes.

And remember: you can always combine a family member and a professional trustee to balance personal knowledge with professional expertise.

Conclusion

If you want your descendants to thrive — and not just survive — with the wealth you leave them, take your trustee selection seriously. Don't hand over the keys to your legacy to someone who can’t manage their own affairs. Choose wisely, and you’ll continue to guide and support your family long after you're gone.

 

Americans Are Getting Flashbacks to 2008 as Tariffs Stoke Recession Fears

Across America, an unsettling sense of déjà vu is creeping into the national conversation. Talk of tariffs, market turbulence, and economic slowdowns are sparking flashbacks to the dark days of 2008, when the financial crisis blindsided millions and reshaped the economy for a generation.

Today’s fears are not unfounded. With new tariffs rattling supply chains, pushing up costs, and straining international relationships, many economists and business leaders are warning that the risks of a recession are once again on the rise.

Tariffs Are Hitting Where It Hurts

The latest round of tariffs, aimed largely at goods imported from key trading partners, is already rippling through the economy. American businesses reliant on international suppliers are feeling the pinch of higher material costs, while consumers are seeing prices rise on everyday items, from groceries to electronics.

Small businesses, which often operate on razor-thin margins, are particularly vulnerable. Many are grappling with impossible choices: raise prices and risk losing customers, or absorb the costs and threaten their survival.

"Tariffs act like a tax hike," said one economist. "They drain purchasing power from households and profits from companies. It’s a one-two punch that can quickly spiral into broader economic weakness."

Signs of Slowdown Are Emerging

Recent economic data paints a worrisome picture. Manufacturing activity is slowing, consumer confidence is softening, and the stock market has seen increased volatility. Lending standards are tightening, reminiscent of the credit crunch that paralyzed businesses and households in 2008.

The housing market, often a bellwether for broader economic trends, is also showing cracks. Higher costs for construction materials due to tariffs are pushing home prices even further out of reach for many Americans, dampening demand and slowing new builds.

Meanwhile, major retailers and manufacturers are issuing cautious forecasts, warning investors that the coming months could be rocky. Some multinational companies are even revising their supply chains to hedge against prolonged tariff wars—moves that could lead to layoffs and reduced investment at home.

Consumer Behavior Is Changing

Just like in the run-up to the Great Recession, American consumers—the engine of the U.S. economy—are starting to pull back. Reports of rising credit card balances combined with slower spending growth suggest that households are bracing for tougher times ahead.

Many Americans still bear scars from 2008: lost homes, depleted retirement accounts, years of financial insecurity. That collective memory makes today’s warning signs hit harder. There’s a palpable sense that another economic storm could be brewing—and that this time, average Americans are more cautious and less willing to shoulder new risks.

Are We Headed for a Full-Blown Recession?

Not all experts believe a repeat of 2008 is inevitable. The banking system is better capitalized today, unemployment remains low, and the Federal Reserve has tools it can deploy if conditions worsen. However, the unique dynamics of a tariff-driven slowdown—where both supply and demand are simultaneously constrained—present new challenges.

"2008 was a financial crisis that spread to the real economy," said one analyst. "This could be a real economy crisis that feeds back into financial markets. It’s a different path, but it could be just as painful if mishandled."

Much will depend on the duration and severity of the tariffs, the resilience of consumers and businesses, and policymakers’ willingness to intervene proactively. But for now, the parallels to 2008 are impossible to ignore—and for millions of Americans, the fear is all too familiar.

12 Investments No Retiree Should Make In retirement, when it's wise to take fewer risks with your nest egg, some investments are just nuts.

 

12 Investments No Retiree Should Make

In retirement, when it’s wise to take fewer risks with your nest egg, some investments are just nuts.

Retirement is supposed to be the reward after decades of work and sacrifice — a time to enjoy life without the daily stress of earning a paycheck. But retirement also comes with a new challenge: managing your money wisely so it lasts as long as you do.

When you're no longer drawing a steady salary, the margin for financial error shrinks dramatically. Risky investments that might have been acceptable during your working years can now endanger your lifestyle, healthcare, and peace of mind. Here are 12 investments no retiree should make:

1. High-Fee Mutual Funds

Fees eat into returns — plain and simple. In retirement, every dollar matters more. High-fee mutual funds can quietly siphon off a significant chunk of your savings over time. Always check the expense ratio and opt for low-cost index funds or ETFs instead.

2. Penny Stocks

These "get rich quick" gambles often turn into "get poor quick" realities. Penny stocks are notoriously volatile, poorly regulated, and prone to fraud. They have no place in a retiree’s portfolio.

3. Illiquid Real Estate Investments

Private real estate deals, like non-traded REITs or limited partnerships, can tie up your money for years. In retirement, liquidity is crucial. If you can't sell an investment relatively quickly, it could create serious problems when unexpected expenses arise.

4. Cryptocurrencies

Bitcoin, Ethereum, and other cryptocurrencies have attracted lots of attention — and wild swings in value. Crypto is highly speculative, largely unregulated, and unsuitable for most retirees who need stability, not adrenaline.

5. Private Placements

These "exclusive" investment deals are often pitched as opportunities for outsized returns. In reality, they come with little transparency, high risks, and limited legal protection. Unless you’re extremely wealthy and can afford to lose the money, stay away.

6. Leveraged ETFs

Leveraged exchange-traded funds promise amplified returns — and amplified losses. They’re designed for short-term trading, not long-term holding, and can behave unpredictably in volatile markets. They are not retirement-friendly.

7. Annuities You Don’t Understand

Some annuities can offer useful guarantees, but many come loaded with sky-high fees, confusing terms, and surrender charges that lock up your money. If you can’t clearly explain an annuity to someone else, don’t buy it.

8. High-Yield Junk Bonds

Chasing yield can lead you straight into trouble. Junk bonds offer higher interest rates because they're riskier. Defaults are a real possibility, and in retirement, capital preservation is key.

9. Single-Stock Bets

Even "safe" companies can stumble. Betting a large portion of your nest egg on one or two stocks exposes you to unnecessary risk. Diversification across many sectors and geographies is essential.

10. Startups and Angel Investing

Helping the next big thing take flight sounds exciting — but investing in startups is incredibly risky. Most new businesses fail. Unless you're a seasoned venture capitalist, these investments are better left alone in retirement.

11. Timeshares

Timeshares are notoriously hard to resell and often come with hidden maintenance fees that increase over time. As an "investment," they almost always depreciate in value. If you love a destination, rent instead.

12. Loaning Money to Family or Friends

It’s natural to want to help loved ones, but lending money in retirement can be a slippery slope. If they can't repay, you could find yourself in financial trouble at a time when you have few ways to recover. Help with advice or small gifts, not large loans.

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The Bottom Line

In retirement, your financial priorities shift from growth to protection and steady income. It’s wise to be cautious, deliberate, and maybe even a little boring with your investments.

By avoiding these high-risk, low-reward opportunities, you’ll give yourself a much better chance of enjoying the retirement you’ve worked so hard to earn — with fewer sleepless nights worrying about the next financial downturn.

When in doubt, work with a trusted financial advisor who puts your interests first and understands the unique challenges of retirement investing.

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs

Buy Now, Stock Up or Delay: Here’s What Consumers Are Snapping Up or Putting Off in Face of Tariffs

By Steven Orlowski, CFP, CNPR

As trade tensions continue to simmer and new tariffs loom on the horizon, American consumers are feeling the pinch—and making strategic choices about when and what to buy. Whether it’s everyday essentials or big-ticket items, tariffs are shifting spending habits in ways that are both practical and revealing.

Here’s a closer look at what shoppers are snapping up now, what they’re stockpiling, and what they’re putting off.

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Buying Now: Beating the Price Hikes

Savvy consumers are racing to purchase certain goods before tariffs take full effect, particularly in categories that are likely to see sharp price increases.

Electronics and Appliances:
Smartphones, laptops, televisions, and other high-tech gadgets—many of which rely on Chinese components—are among the most sought-after items right now. Shoppers are also hurrying to buy washers, dryers, and refrigerators, anticipating rising costs later this year.

Automobiles:
With the auto industry facing increasing tariff pressure on parts and steel, some buyers are accelerating their plans to purchase new vehicles. Dealers are reporting a spike in showroom traffic from customers eager to lock in prices before potential increases.

Home Improvement Supplies:
Tariffs on lumber, steel, and aluminum have already impacted the cost of renovations. DIYers and contractors are buying materials ahead of schedule to avoid paying more down the line.

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Stocking Up: Everyday Essentials

For items that are non-perishable and likely to remain stable in demand, consumers are turning to bulk buying.

Paper Goods and Cleaning Supplies:
From toilet paper to laundry detergent, households are buying in larger quantities to avoid paying more later. These stockpiling behaviors echo pandemic-era patterns, though this time the motivation is economic rather than emergency-driven.

Canned and Packaged Foods:
Pantry staples like pasta, rice, beans, and canned vegetables are flying off the shelves in bulk. While not all of these are directly impacted by tariffs, the broader effect on supply chains has driven a cautious, preemptive buying mindset.

Pet Supplies:
Pet food and other essentials like litter and grooming items are seeing increased demand as well, especially those with imported ingredients or packaging.

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Delaying Purchases: Waiting Out the Uncertainty

While some items are being snapped up, others are being postponed indefinitely.

Furniture and Home Décor:
With many home furnishings imported or assembled overseas, consumers are holding off on redecorating. Sticker shock from tariff-driven price increases is prompting a wait-and-see approach.

Luxury Goods:
High-end fashion, watches, and accessories are experiencing a dip in consumer demand, as buyers prioritize necessity over indulgence. For many, uncertainty about the economy is causing a pullback on discretionary spending.

New Technology:
Despite the surge in current electronic purchases, some are delaying upgrades to avoid buying at the peak of a price wave. Shoppers are hoping that trade deals or policy reversals could ease prices down the road.

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Strategic Spending in a Shifting Economy

The tariff-driven shifts in consumer behavior reflect more than just cost-consciousness—they reveal a growing economic mindfulness among American shoppers. Retailers, too, are adapting, offering more promotions and emphasizing domestic products to retain customer loyalty.

As the global trade landscape continues to evolve, so will the ways consumers choose to spend, save, or wait. In the meantime, one thing is clear: tariff talk isn’t just for economists and policy wonks anymore. It’s hitting home—and cart—across the country.

 

How Much Will a $100,000 Annuity Pay Per Month?

A $100,000 annuity can provide a steady stream of monthly income during retirement—but exactly how much you’ll receive depends on several key factors. Whether you’re planning for your golden years or helping a loved one secure their future, understanding annuity payouts can help you make smarter financial decisions.

In this article, we’ll break down how much a $100,000 annuity pays per month, explore the different types of annuities, and explain the variables that influence your payments.

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What Is an Annuity?

An annuity is a financial product sold by insurance companies that turns a lump sum of money into a guaranteed income stream for a specific period or for life. People often purchase annuities as a way to create predictable income in retirement.

There are several types of annuities, but when it comes to monthly payouts, we’re usually talking about immediate annuities or income annuities. These begin paying out shortly after you invest your money.

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Monthly Payouts From a $100,000 Annuity

The amount a $100,000 annuity pays per month depends on several factors:

• Type of annuity

• Age at the time of purchase

• Gender

• Payout option (e.g., lifetime income, period certain, joint life)

• Interest rates

Here are a few ballpark figures to give you a general idea of what to expect in 2025:

1. Lifetime Income for a 65-Year-Old (Single Life Annuity)

• Monthly payout: $550 to $650

• Annual income: $6,600 to $7,800

• This option pays you for as long as you live. The older you are when you start, the higher your monthly payment, because the insurer expects to pay for fewer years.

2. Lifetime Income with 20-Year Period Certain

• Monthly payout: $500 to $600

• You’ll receive payments for life, but if you die early, your beneficiaries will continue to receive payments for a guaranteed 20 years.

3. Joint and Survivor Annuity (65-Year-Old Couple)

• Monthly payout: $450 to $550

• This option ensures both you and your spouse receive income for life, which reduces the monthly amount slightly due to the longer expected payout period.

4. Fixed Period Annuity (10-Year Term)

• Monthly payout: $850 to $900

• With this type, you receive payments for a set number of years (e.g., 10), after which the income stops.

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Factors That Impact Annuity Payments

1. Age and Life Expectancy

Older individuals typically receive higher monthly payments, since the payout period is expected to be shorter.

2. Interest Rates

Annuities are backed by investments, typically in bonds. When interest rates are high, insurance companies can offer better payouts.

3. Gender

Women generally receive slightly lower monthly payments than men, due to longer life expectancies.

4. Payout Option

Lifetime-only payouts offer higher monthly income than options that guarantee payments to a spouse or beneficiaries.

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Should You Buy a $100,000 Annuity?

Annuities can be a smart choice for people who want guaranteed monthly income they can’t outlive. They can supplement Social Security and reduce the risk of outliving your savings. However, they may not be ideal for everyone. Here are some pros and cons:

Pros:

• Guaranteed income for life

• Protection from market risk

• Optional death benefits for heirs

Cons:

• Irrevocable once purchased

• Limited liquidity

• May not keep pace with inflation (unless indexed)

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Get a Personalized Quote

Because payouts vary based on personal details and current interest rates, it’s best to request a custom quote from a licensed annuity provider or financial advisor. Many companies offer free calculators online where you can input your age, gender, and other details to estimate monthly payments.

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Bottom Line

A $100,000 annuity can provide anywhere from $450 to $900 per month, depending on the type of annuity and your personal circumstances. For many retirees, this steady stream of income offers peace of mind and financial stability.

Before purchasing an annuity, consider your overall retirement plan, your income needs, and whether you value guaranteed income over liquidity and growth potential. Consulting with a Certified Financial Planner (CFP®) can help ensure the decision aligns with your long-term goals.

China is 'caving' to Trump's trade war strategy, expert signals President Trump told reporters Friday that he's spoken to China 'many times'

China is 'Caving' to Trump's Trade War Strategy, Expert Signals – President Trump Told Reporters Friday That He's Spoken to China 'Many Times'

April 25, 2025

Washington, D.C. — Former President Donald Trump claimed Friday that China is beginning to "cave" under pressure from his long-standing trade war strategy, citing recent economic shifts in Beijing and what he described as ongoing communication with Chinese leadership.

“I’ve spoken to China many times,” Trump told reporters outside Trump National Golf Club in Bedminster. “They know they’re in trouble. They’re coming around. They’re caving to the pressure. We were winning the trade war then, and we’d be winning it even more now.”

Trump's remarks come amid renewed focus on U.S.-China relations as trade imbalances, intellectual property issues, and global supply chain realignments once again dominate headlines. While Trump is no longer in office, his tough-on-China legacy continues to influence American foreign policy and business sentiment toward Beijing.

An economic expert close to U.S. trade policy discussions echoed the former president’s sentiment. “China is showing signs of strategic retreat on several trade fronts,” said Dr. Marla Chen, a senior fellow at the Center for Global Economics. “They’re lowering tariffs on key U.S. exports, opening certain markets to foreign competition, and offering more transparent IP enforcement policies. These moves signal that Beijing is feeling the squeeze.”

Economic Signals From Beijing

Recent data suggests that China’s economy is facing increasing headwinds. The yuan has struggled to maintain strength against the U.S. dollar, and foreign investment has slowed amid rising tensions with Western nations. China's central government has also taken steps to shore up the domestic economy, including stimulus measures and relaxed restrictions in key industries—signs that some analysts interpret as a response to external pressure.

“These are classic signs of economic repositioning,” said Dr. Chen. “They reflect a recognition that the trade war costs—tariffs, lost business, supply chain relocations—have been significant.”

Trump's Trade Legacy

During his presidency, Trump imposed hundreds of billions of dollars in tariffs on Chinese imports, citing unfair trade practices, forced technology transfers, and intellectual property theft. His administration’s aggressive posture drew both praise and criticism, but it undeniably shifted the U.S.-China economic relationship and brought long-standing issues to the forefront of global diplomacy.

Despite retaliation from Beijing, Trump’s supporters argue that his strategy forced China to engage more seriously with the rules-based international trade system.

Now, as Trump appears poised for another run at the White House, he is doubling down on that legacy.

“We would’ve had the best trade deal in history if we had four more years,” Trump said Friday. “They were ready to sign. And now, they’re crawling back. They know the deal was fair—and tough.”

What Comes Next?

Though it remains to be seen whether China is truly “caving” or merely recalibrating its economic strategy, the signals are clear: Beijing is responding to external economic pressure. Whether these adjustments are directly tied to Trump-era policies or part of broader global realignments, the former president’s narrative is gaining traction among voters and business leaders alike.

For now, one thing is certain—Trump’s trade war, once seen as a gamble, is being reexamined under a new light, and the economic moves in Beijing are feeding the narrative that the pressure is working.

S&P 500 closes higher for a fourth day in a row, notches 4% gain for the week

S&P 500 Closes Higher for a Fourth Day in a Row, Notches 4% Gain for the Week

April 25, 2025 — Wall Street Journal-style article

The S&P 500 closed higher for the fourth consecutive day on Friday, capping off a robust week that saw the benchmark index gain 4%, its best weekly performance since early February. Investors cheered a batch of stronger-than-expected corporate earnings and renewed optimism that the Federal Reserve may hold off on further interest rate hikes.

The broad-market index rose 0.8% on Friday to finish at 5,155.88, fueled by tech and consumer discretionary stocks. The Nasdaq Composite climbed 1.1%, while the Dow Jones Industrial Average added 230 points, or 0.6%, marking its third straight positive session.

Big Tech Drives the Rally

Tech heavyweights led the charge this week, with Apple, Microsoft, and Nvidia all posting significant gains. Microsoft shares jumped nearly 3% on Friday alone after the company reported quarterly revenue and profit that beat analysts’ expectations, driven by continued growth in its cloud computing division. Nvidia added 2.4% amid growing investor confidence in the company’s AI leadership.

The tech sector as a whole gained more than 5% over the week, bolstered by a slew of earnings beats and upbeat forward guidance. With nearly 30% of S&P 500 companies having reported first-quarter results, over 80% have surpassed earnings estimates, according to FactSet.

Rate Pause Hopes Renewed

Economic data released throughout the week hinted at cooling inflation and slowing job growth—two signs the Federal Reserve closely watches in its rate-setting decisions. March's Core PCE Price Index, the Fed’s preferred inflation gauge, rose 0.3%, in line with expectations and down from February’s pace.

“Investors are gaining confidence that the Fed may be able to engineer a soft landing,” said Alicia Chen, senior market strategist at BrightPath Capital. “With inflation decelerating and the labor market showing signs of moderation, the case for additional rate hikes has weakened.”

Fed officials have largely maintained a cautious tone ahead of next week’s policy meeting, with markets now pricing in an 80% probability that the central bank will hold interest rates steady.

Sector Highlights and Market Breadth

Beyond technology, consumer discretionary, financials, and industrials all posted strong weekly performances. Tesla surged 7.2% this week after CEO Elon Musk teased upcoming product announcements and reassured investors about margins.

Financials also found support as JPMorgan Chase and Bank of America reported solid loan growth and stable credit quality, easing concerns about balance sheet risks in a high-rate environment.

Market breadth improved throughout the week, with advancing stocks outpacing decliners on the New York Stock Exchange in four of the past five sessions—a signal that the rally is gaining traction beyond the megacap names.

Looking Ahead

Despite the strong week, investors remain cautious heading into a critical stretch of earnings and economic data. Next week will bring quarterly results from Amazon, Alphabet, and ExxonMobil, as well as the first reading of U.S. GDP growth for Q1.

“While this week’s rally is encouraging, we’re not out of the woods yet,” said David Harrington, portfolio manager at Ridgeview Investments. “The market will be watching closely to see if earnings strength is broad-based and if inflation continues its downward trend.”

For now, though, Wall Street is ending the week on a high note. The S&P 500’s four-day winning streak has helped recoup most of April’s earlier losses and put the index back within striking distance of its all-time high reached in late March.

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Market Snapshot (Friday, April 25, 2025):

• S&P 500: +0.8% to 5,155.88

• Dow Jones Industrial Average: +0.6% to 39,580.34

• Nasdaq Composite: +1.1% to 16,214.77

• 10-Year Treasury Yield: 4.19%

• WTI Crude Oil: $82.63/barrel

• Gold: $2,348.70/oz

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs

Buy Now, Stock Up or Delay: Here’s What Consumers Are Snapping Up or Putting Off in Face of Tariffs

As new tariffs ripple through the economy, American consumers are making fast, strategic decisions—either snapping up products before price hikes take effect or delaying big-ticket purchases in hopes of relief. With inflation still a hot-button issue and global supply chains far from stable, consumer behavior is shifting again, just as it began to stabilize post-pandemic.

Here’s what’s flying off the shelves—and what’s sitting untouched—as tariffs loom.

Buy Now: Electronics, Appliances, and Tools

Facing the threat of new import duties on Chinese goods, many consumers are rushing to secure electronics and household appliances. Retailers like Best Buy and Home Depot have reported upticks in demand for televisions, refrigerators, air conditioners, and cordless power tools.

"Consumers remember what happened the last time tariffs hit," says Mark Leland, a retail analyst at Core Insight Group. "They’re stocking up now to avoid paying 10% to 25% more later."

Laptops, smartphones, and even kitchen gadgets like air fryers and espresso machines are also seeing early demand spikes. Buyers fear these goods—often imported or made with globally sourced components—will see immediate price increases once new trade policies kick in.

Stockpiling: Nonperishable Goods and Household Essentials

Tariff talk has sent bulk shoppers to warehouse clubs and online retailers to load up on paper products, canned goods, personal care items, and cleaning supplies. Even with relatively stable prices today, many fear ripple effects in the coming months.

“We saw this during the early days of COVID—now it’s tariffs,” says Julie Chan, a senior buyer for a national grocery chain. “Toilet paper, detergent, batteries, even razors—people are buying in bulk again.”

Retailers are responding with promotions and limit policies to prevent hoarding, though some shelves are already sparse in high-volume stores.

Delay: Cars, Furniture, and Home Renovations

On the flip side, some consumers are hitting the brakes on large purchases, especially where pricing volatility and financing costs intersect.

Car buyers in particular are holding out. With auto parts tariffs expected to raise sticker prices and ongoing supply chain issues slowing production, many are either sticking with their current vehicles or turning to the used market.

Similarly, big-ticket furniture items—most of which come with long delivery windows—are getting a pass for now. Tariff-related price increases coupled with elevated interest rates have cooled enthusiasm for home makeovers and renovations.

"I was going to remodel my kitchen this summer," says Madison Reyes, a homeowner in Phoenix. "But now I’m waiting. Cabinets and hardware are already more expensive, and the contractor warned me it could get worse."

Playing the Waiting Game: Luxury and Discretionary Spending

Some consumers are simply taking a wait-and-see approach, especially when it comes to luxury goods, vacations, and discretionary items.

With uncertainty around how tariffs will affect different sectors—and how long they’ll last—many are opting for financial caution. Travel agencies report a slight dip in international bookings, while high-end retailers are noticing slower foot traffic and fewer impulse purchases.

Retailers Shift Strategy as Consumer Habits Evolve

Retailers are adapting quickly, adjusting their inventory levels and sourcing strategies. Some are accelerating imports ahead of potential tariff deadlines. Others are working behind the scenes to find alternative suppliers or renegotiate pricing with manufacturers.

Meanwhile, savvy consumers are embracing deal-hunting, subscription services, and buy-now-pay-later programs to balance their short-term needs with long-term financial security.

“Consumers are tuned in and more responsive to global economics than ever before,” Leland notes. “They’re treating this like a chess match—thinking several moves ahead.”

Bottom Line

As tariffs threaten to reshape pricing across industries, consumers are responding in real time—buying now to save later, stocking up on essentials, and putting off non-urgent purchases.

Whether this is a temporary shift or a longer-term adjustment in consumer behavior remains to be seen, but one thing is certain: In today’s economy, every purchase is a calculation.

We’ve Uncovered A Phase 2 AI Stock 145X Smaller Than Nvidia… This Could Be Your Second Chance At Massive Gains

 

We’ve Uncovered A Phase 2 AI Stock 145X Smaller Than Nvidia…

This Could Be Your Second Chance At Massive Gains

In 2015, if you had invested just $1,000 in Nvidia, you’d be sitting on a small fortune today. The graphics chipmaker morphed into the backbone of the artificial intelligence revolution—and its stock skyrocketed. But for most investors, that ship has sailed.

The good news? A “Phase 2” AI company—145 times smaller than Nvidia—is flying under the radar, quietly positioning itself to be the next breakout success story in the artificial intelligence boom.

And it could be your second chance at life-changing returns.

The AI Gold Rush Is Far From Over

We’re still in the early innings of the AI revolution. Nvidia’s chips may have powered the first phase—training large language models and powering data centers—but Phase 2 is all about implementation. Companies that help scale, optimize, and deploy AI into everyday workflows are stepping into the spotlight.

That’s where our discovery comes in.

This little-known company isn’t building the next chatbot—it’s building the infrastructure AI needs to actually work in the real world.

The Backbone Of AI's Second Wave

Let’s call it "Company X" for now.

Company X isn’t a household name—yet. But it’s already partnered with major players in cloud computing, healthcare, and logistics. What do they all have in common? They’re desperate for real-time AI solutions that go beyond the lab and into the field.

Company X specializes in:

• Edge AI Deployment: Bringing AI out of data centers and into real-world environments—from factory floors to hospital rooms.

• AI Optimization Tools: Helping businesses run powerful models with less computing power, dramatically cutting costs.

• AI Security Protocols: Ensuring AI systems are robust, resilient, and regulatory-compliant.

And with a market cap just 1/145th the size of Nvidia, Company X has room to run.

Why This Could Be a Rare Ground-Floor Opportunity

Wall Street hasn’t caught on—yet. Company X is still flying below most analysts’ radars. But a few sharp institutional investors are starting to take notice. In fact, recent filings show that at least one billion-dollar fund just initiated a position.

This isn’t a moonshot with no revenue. Company X already has active partnerships, a proven tech stack, and is quietly stacking recurring revenue from AI-integrated solutions. Its client base includes multiple Fortune 500 companies—and that list is growing.

Yet it’s still small enough that a single press release or earnings beat could send the stock soaring.

Nvidia Was Phase 1. Company X Could Be Phase 2.

Think back to when Nvidia was still considered a "gaming company." Most investors missed the pivot to AI. Only those who recognized the early signs—and acted—reaped the rewards.

Today, Company X is offering a similar story.

✅ It's leveraged to the next phase of the AI boom.
✅ It has real revenue and real partnerships.
✅ It’s 145x smaller than Nvidia—and priced accordingly.
✅ And it could be your second chance to ride the AI wave to generational wealth.

But time is short. As the AI narrative evolves, investors will be hunting for the “next Nvidia.” When they look beyond the usual suspects, they might find Company X.

Will you already be there?

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Disclosure: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a licensed financial advisor before making investment decisions.