Donna Fuscaldo

1 week ago | kiplinger.com | Donna Fuscaldo |Sharon Carson

The markets are up, the markets are down, tariffs are in, tariffs are out. Egg prices are soaring, inflation is declining. Stay the course, revisit your portfolio, buy on the dip, ignore the news. For 401(k) savers 50+, the last week has served up a dizzying amount of uncertainty. It’s understandable if you are confused about what to do in the current climate of extreme volatility, especially if you have your life savings invested in a 401(K) and/or an IRA.

2 weeks ago | kiplinger.com | Donna Fuscaldo

Talk of a potential recession is growing, with uncertainty over President Trump’s tariffs weighing on everyone’s mind. Concerns about the impact tariffs will have on American businesses, consumers, retirement accounts and the economy have weighed heavily on the stock markets in what has been a jaw dropping and volatile few days. Even the bond market hasn’t been immune, with prices tumbling and yields increasing, which is out of character when fears of a recession are increasing.

2 weeks ago | kiplinger.com | Donna Fuscaldo

The brick-and-mortar banking experience that retirees relied on growing up is waning. You may be aware that bank closings are becoming common these days as more people shift to mobile apps and online banking. There may be a bit of a learning curve for retirees, but once they make the switch, it can open up a world of convenience. After all, you can do much more than check your balance with an online banking website or mobile app. Plus, you don’t have to get off your couch.

2 weeks ago | kiplinger.com | Donna Fuscaldo

Annuities, a type of guaranteed income, can give you peace of mind in retirement. After all, having an annuity means you can count on a payment arriving regularly regardless of how the stock markets are performing. But is an annuity a must-have? Some 401(k) plan sponsors, insurance companies and money managers think so, but not every financial pro is on board with that assessment.

2 weeks ago | kiplinger.com | Donna Fuscaldo

The stock markets have been volatile, to say the least, ever since President Trump announced widespread tariffs on most countries around the world last week. But that doesn't mean those near or in retirement need to panic. How volatile? Case in point: on Monday the stock markets tanked, with the S&P reaching bear market territory at one point, only to reverse course for a short period of time.