Why I Love Boring Stocks, Income by Generation - Where Do You Stand?

The Robots Are Coming... Created for {EMAIL} | [Web Version]( March 12, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [Strategies to Pay for Long-Term Care Costs]( [Strategies to Pay for Long-Term Care Costs]( (Getty Images) Around 70% of older adults will eventually need long-term services and support, according to estimates. Unfortunately, most adults have not taken any measures to prepare for it. To help, our retirement expert [walks through several ways to cover the costs](. [] Tax Filing [] [Tax Filing Procrastinators — Seven Big IRS Changes to Know Before You File]( [Tax Filing Procrastinators Seven Big IRS Changes to Know Before You File]( (Getty Images) Tax laws and regulations often change from year to year. Some changes occur because of inflation adjustments, while others are due to new legislation or IRS rules. This tax filing season, changes for the 2023 tax year are a combination of inflation adjustments and potential last-minute legislation from Congress that might matter for your tax return. So, in case you missed it and haven’t filed yet, [here are seven changes in particular that can impact your tax bill](. [How Dividend Reinvestments Boost Your Returns]( If you invested in an S&P 500 index fund starting in January 2000 until September 2020 your average annualized return would have been 4.2%, a cumulative return of 136%. But if you reinvested all dividend payments your annualized return would have been 6.2%, a cumulative return of 247%. Just reinvesting dividends would have nearly doubled your gains. [READ MORE]( ADVERTISEMENT [] In the News [] [Update: Is the Reddit IPO Still Worth a Buy?]( [Update: Is the Reddit IPO Still Worth a Buy?]( (Getty Images) With a multi-billion dollar evaluation, the Reddit IPO is one of the most anticipated initial public offerings so far this year. But [should you buy the social media stock when it first starts trading](? [] Personal Finance [] [Income by Generation — Where Are You?]( [Income by Generation Where Are You?]( (Getty Images) A recent study break downs the median income for age groups ranging from 18 to over 65, in each state across the country. [The age group with the highest median income]( might surprise you. [5 Things You Want From Your Retirement Income Plan]( Here's what Go2Income plan holders say about their retirement income objectives: 1. Don't Run Out of Money 2. Grow Income Each Year 3. Leave a Legacy for Kids 4. Build a Reserve Fund for Unplanned Expenses 5. Increase Spendable Income by Reducing Taxes We can help you balance your objectives with a complimentary Go2Income plan. [Order Your Plan]( ADVERTISEMENT [] Investing [] [Why I Love Boring Stocks]( With wars raging, a former president on trial, and federal deficits running into the trillions, wouldn't it be nice to be bored once in a while? James Glassman thinks so. The best "boring stocks" can produce solid returns for investors with little drama. [Find Them Here]( [] Business [] [The Robots Are Coming... But Not For a While]( There’s excitement in the tech sector over the potential of humanoid robots, but widespread adoption is likely to be years away. [Read More]( [Ask a Pro: What's the Best Way to Lower RMD Taxes?]( Ask an advisor. Try this no-cost tool to get matched with up to 3 vetted fiduciaries serving your area who can help you with your finances. It's never too late to work towards a comfortable retirement. [Get Started]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. 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