facebook-icotwitter-icogoogle-icorss-ico
connectsubscribearchives
Log in

Retirement risks to consider

moneymatters 600The road to a comfortable retirement is full of risks, and they don't end when you stop working. As an investor, you are probably aware of market risk. You might also have considered longevity risk – the risk that you could outlive your retirement assets.

Here are four additional risks that may be worth considering, whether you are in the accumulation phase of your retirement journey or are already spending down your savings.

Inflation. The inflation rate has been relatively low over the last five years, averaging about 2.25 percent per year. But even that level can eat into the purchasing power of your savings. And long-term inflation trends have been higher, averaging 2.85 percent annually over the last 30 years. Although you may want to tilt your portfolio toward more conservative investments after you retire, you still might allocate some assets to stocks and other investments that have the potential to outpace inflation. Of course, all investments are subject to market fluctuation, risk, and loss of principal. When sold, they may be worth more or less than their original cost.

Read more

THE RATCHET FILES!

weed 600Woman calls cops to report bad weed

The Associated Press reports that police in East Texas placed a woman under arrest after she dialed them up to complain about the poor quality marijuana sold to her by a dealer.

http://www.huffingtonpost.com/news/woman-calls-cops-about-weed-quality/

 

Read more

At Sharpton convention, Obama slams Republicans for restricting voting

NAN 600Just a day after his speech reflecting on the anniversary of the Civil Rights Act of 1964 – which he credited with paving the way for his historic presidency – President Obama told modern-day civil rights activists that the gains of the last 50 years are at risk of being dismantled by Republican efforts to limit access to the ballot.

"The right to vote is threatened today in a way that it has not been since the Voting Rights Act became law nearly five decades ago," he said in remarks at the annual convention of the Rev. Al Sharpton's National Action Network in New York City.

Obama cited recent restrictive voting legislation requiring additional identification, closing polls on Sunday, and creating hurdles for overseas soldiers and married women who have changed their last names. These Republican-led changes – which, he reminded the audience, have often by inspired by explicitly partisan aims – "harm the entire country," he said.

Read more

‘Out Of Africa’ in Memphis

art 600"Out Of Africa" – billed as an emergency of works from contemporary Africa – will begin nearly a monthlong run with an opening night reception on April 25th.

Presented by ANF Architects in conjunction with the Art Village Gallery, the show features the artwork of Ephraim Urevbu and Zeinu Mudeser.

The opening night reception will be from 5:30 p.m. to 7:30 p.m. at ANF Architects, 1500 Union Ave. The show runs through May 22nd.

Read more

COMMUNITY IN PHOTOS

sweetiepie 60010VivianDSC 2345SaulsberryApril4DSC 2270DSC 228410fKelleyBishopBlakeDSC 2800Dr. Kennard_Brown_Recieves_Award_for_Diversity_Efforts_in_Health_Care_EducationDSC 2445DSC 2409An impromptu look at a new Beale Street entrepreneur, a civil rights icon awash amid well-wishers, a prayer warrior with a familiar face and a special guest, and a Manassas High School unity salute to the class of 1964 are among the images that reflect the Bluff City in motion.