Investing Insights

Tom Lauricella, Morningstar Inc global markets editor, explains why the market reacted poorly to the Federal Reserve’s interest-rate outlook. The Smart Investor newsletter editor also discusses some of 2024’s biggest headlines such as inflation, the broader stock market rally, and new leadership in Washington.Why the Fed Scaled Back from Four Interest-Rate Cuts to Two for 20255Did the Market Bounce Back After the Drop Following the Fed Rate Decision?Why the Fed Isn’t Saying They Are Seeing a Stronger Economy in 2025Will Trump’s Tariffs Cause Inflation to Rise?Will the Market’s Momentum Continue into 2025?High Yields in the Bond Market Are Benefitting InvestorsWill the Trump Administration Boost Bitcoin’s Growth?How Investor’s Should Approach Trump’s Second Term5 Stories Investors Should Watch for in 2025 Read about topics from this episode.  Subscribe to Morningstar’s SmartInvestor newsletter.Stocks Tumble on New Fed Rate Forecast—Here’s Why Fed Sets Stage For Fewer (or Possibly No) Rate Cuts in 2025 Forecasts for November PCE Preview Show More Moderation in Inflation What to Expect From Bitcoin in 2025 What Higher Bond Yields Mean for Markets in 2025 What to watch from Morningstar.How to Diversify Your Portfolio to Handle a Market CorrectionWhat Higher Bond Yields Mean for Markets in 2025Yes, You Can Still Find Tax-Loss Harvesting Opportunities in 2024A Simpler Medicare Part D Is Coming. Here's How It Could Save You Money Read what our team is writing:Tom LauricellaIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Russel Kinnel, director of ratings for Morningstar Research Services, discusses large growth’s impressive run in 2024 and why it might be time to rebalance if you haven’t in a while.What is Driving Growth’s Impressive Run?Why Is it Important to Rebalance NowWhat Triggered Growth’s Largest Selloffs Since 2000What Was Unusual About the Growth Correction in 2022Top-Rated Bond Funds that Could Help with Saving for an Emergency FundBond Funds that are Defensive if Growth Gets Crushed  Small-Value Funds Out of Sync With Large Growth  Mid-Growth Funds that are Good Diversifiers Read about topics from this episode.  Subscribe to the Morningstar FundInvestor newsletter. 6 Top-Performing Large-Growth Funds Is It Time to Diversify Beyond US Large-Cap Growth Stocks? How to Rebalance Your Portfolio Before 2025 The Best Funds for Rebalancing in 2025 The Best Bond Funds   What to watch from Morningstar.What Higher Bond Yields Mean for Markets in 2025 Yes, You Can Still Find Tax-Loss Harvesting Opportunities in 2024A Simpler Medicare Part D Is Coming. Here's How It Could Save You MoneyA Better Way to Use Leverage in Your ETF Portfolio Read what our team is writing:Russel KinnelIvanna Hampton  Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Dominic Pappalardo, chief multi-asset strategist at Morningstar Investment Management, discusses why long-term yields spiked in the wake of the election, what's next for fixed-income in 2025, and how investors can take advantage of higher yields in their portfolios.Why Did Bond Yields Rise in the Wake of the Election?How Investors Are Thinking About Rising Bond YieldsWhat the Current Run-Up in Bond Yields Tells Us About the MarketsHow Do Today’s Yields Compare to History?Will the Flat Yield Curve Start to Steepen?How Bond Yields Affect the Stock Market  How Long Can the Market Withstand a Higher Interest Rate Environment?How Bond Yields Affect MortgagesHow Today’s Bond Yields Can Benefit Investors When Looking at Portfolio Construction  Economic Outlook 2025 Key Takeaways Read about topics from this episode.  Postelection Deficit Concerns Fuel Jump in Bond YieldsTrump’s Tariffs: A Wild Card for the Markets in 2025Fed Sticks to Rate Cut Plans, for Now‘Diversification Is Back’—Why 60/40 Portfolios Are Working What to watch from Morningstar.Yes, You Can Still Find Tax-Loss Harvesting Opportunities in 2024A Simpler Medicare Part D Is Coming. Here's How It Could Save You MoneyA Better Way to Use Leverage in Your ETF PortfolioApple Earnings Are on Deck. Will Apple Intelligence Help Drive iPhone Sales?  Read what our team is writing:Sarah Hansen Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, discusses the ins and outs of tax-loss selling and where investors can look for potential opportunities to harvest losses in their portfolios.What is Tax-Loss Selling?Are There Limits to How Much You Can Offset Capital?How to Evaluate Your Cost Basis to Find Loss OpportunitiesWhat is the 30 Day Rule for Tax-Loss Selling?Why Investors Should Think About Tax-Loss Selling When Markets Are UpHow to Make Tax-Loss Selling a Part of Your Portfolio Maintenance Strategy  Why Tax-Loss Selling is a Bear Market Strategy   Read about topics from this episode.  How You Could Benefit from Tax-Loss Selling This YearAre Active ETFs Truly More Tax-Efficient?Ready for a Big Capital Gains Tax Bill?What You Need to Know About Capital Gains DistributionsWhich Investments to Keep Out of Your Taxable Account  What to watch from Morningstar.A Simpler Medicare Part D Is Coming. Here's How It Could Save You MoneyA Better Way to Use Leverage in Your ETF PortfolioApple Earnings Are on Deck. Will Apple Intelligence Help Drive iPhone Sales?Is Your Portfolio Built to Withstand a Market Rotation? Read what our team is writing:Christine BenzMargaret Giles Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

David Harrell, editor of Morningstar’s DividendInvestor newsletter, makes the case for dividend investing. However, he also points out the pitfalls, like dividend fallacy, that income-focused investors should watch out for. Why Investors Are Divided About Dividend Investing The Pitfall of Dividend Fallacy Warning Signal for Dividend TrapsShould Investors Focus on Total Return Rather Than Dividends Alone?How a Dividend-Focused Investment Strategy Can Help with Safe Withdrawal RatesWhy Investors May Not Want to Create Their Own DividendWhy Long-Term Performance Matters When Looking at Dividend Stocks Versus the Broder MarketAre Share Repurchases Better Than Dividends at Returning Capital to Stock Owners? (This part of the episode includes a clarification: Taxes on qualified dividends can be avoided if your AGI is below certain levels.)Drawbacks of a Dividend-Focused Investment Strategy  Has Dividend Investing Created Bad Investor Behavior? Read about topics from this episode.  Subscribe to the Morningstar DividendInvestor newsletter.3 Dividend Stocks for November 2024Are Better Days Ahead for Dividend Investors?Is a Dividend Stock Comeback Around the Corner?New Dividend Stocks: Can Meta and Salesforce Help Revive the Classic Strategy?There Is Nothing Special About Dividends What to watch from Morningstar.A Simpler Medicare Part D Is Coming. Here's How It Could Save You MoneyA Better Way to Use Leverage in Your ETF PortfolioApple Earnings Are on Deck. Will Apple Intelligence Help Drive iPhone Sales?Is Your Portfolio Built to Withstand a Market Rotation? Read what our team is writing:David HarrellIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Mark Miller, Morningstar contributor, talks about the new $2,000 out-of-pocket cap for Medicare Part D coming in 2025. Plus, learn what you should know before switching between Medicare Advantage and traditional Medicare during open enrollment.Traditional Medicare vs. Medicare AdvantageWhy Seniors Shouldn’t Just Roll Over Their Plans in 20252025 Medicare Part D ChangesMedicare’s New Prescription Payment PlanWhat Should Seniors Do If Their Medicare Advantage Plan is Being Eliminated?What You Need to Know About Switching Between Traditional Medicare and Medicare Advantage  Where You Can Go to Get Help Choosing a New Medicare Plan Read about topics from this episode.  Medicare Open Enrollment: What to Know as You Enroll for 2025I’m 65 and Still Working. Should I Enroll in Medicare?Are Consumers Better Off With Medicare Plus a Medigap Plan?  What to watch from Morningstar.A Better Way to Use Leverage in Your ETF PortfolioApple Earnings Are on Deck. Will Apple Intelligence Help Drive iPhone Sales?Is Your Portfolio Built to Withstand a Market Rotation?Inherited IRA Rules: What You Need to Know Before 2025  Read what our team is writing:Mark MillerIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/ 

Bryan Armour, director of passive strategies research for North America for Morningstar Research Services, talks about the best way for most retail investors to leverage and which leveraged ETFs look promising. Travis Miller, strategist for Morningstar Research Services, discusses how tech companies are looking to nuclear energy to fuel data centers’ surging demand.Why Leverage Has a Debatable Reputation in InvestingVolatility Drag and Leveraged ETFsWhy Does Leverage Kill ETFs?What Are ETPs?A Better Way for Investors to Use Leverage in Their PortfolioHow Can Investors Add Leverage to Their Portfolio Without Volatility Drag?Costs of Leveraged ETFsHow Most Investors Should Gain Exposure to LeverageDo Leveraged ETFs Show Promise?What’s Coming Up in the Markets?How Much Energy Does a Data Center Need to Run?Why Small Modular Reactors Could Be Key to Powering Data CentersAre Carbon-Free Pledges Driving Companies Toward Nuclear Energy?Which Utilities Companies Are Next to Sign Data Center Deals?Is This Shift Toward Nuclear Energy Larger Than Just AI?What to Look for in Utilities Companies’ EarningsUtilities Stock Picks Read about topics from this episode.  Subscribe to Morningstar's ETFInvestor Newsletter. The AI Revolution Is Ready to Power Up. It Just Needs Electricity Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks What to watch from Morningstar.Apple Earnings Are on Deck. Will Apple Intelligence Help Drive iPhone Sales? Is Your Portfolio Built to Withstand a Market Rotation? Inherited IRA Rules: What You Need to Know Before 2025How to Find the Best Health Savings Account Read what our team is writing:Bryan Armour Travis Miller Ivanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine talks with author and researcher Howard Gleckman about long-term care.  How Long-Term Care Differs from Conventional HealthcareWhy Americans Need More Long-Term Care Than Ever BeforeLong-Term Care Isn’t Just in Nursing HomesDoes Medicare Cover Long-Term Care Costs?Who Should Consider Long-Term Care Insurance?The Financial Implications of Continuing Care Retirement CommunitiesHoward Gleckman’s Experience with Long-Term Care Key Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well.If you read my work regularly, you know that I'm a little bit obsessed with the topic of long-term care, not just how to pay for it, but also all of the other dimensions of it, like the impact on families. To help discuss that topic, I reached out to Howard Gleckman. He is the author of a book called Caring for Our Parents, and he is also a Senior Fellow at the Urban Institute, where he is affiliated with the Tax Policy Center and the Program on Retirement Policy. He also writes a great blog for Forbes. I asked him to discuss the basics of long-term care, as well as the financial ramifications and implications for caregivers. More from Howard GleckmanBioForbes ColumnUrban InstituteTaxVox blogCaring For Our Parents, by Howard GleckmanHoward Gleckman on The Long View: ‘We Pretend This Isn’t a Problem’ Read more from Christine Benz.How to Retire: Tips for Entering RetirementThe Hidden Crisis in Long-Term CareHow Likely Are You to Need Long-Term Care?6 Steps for Smart Long-Term-Care PlanningWorried About Long-Term Care Expenses? Let’s Do Something About It. Watch more from How to Retire.How to Retire: Prioritize Tax Planning in RetirementHow to Retire: Transition from Saving to SpendingHow to Retire: Consider a Retirement Bucket Portfolio StrategyHow to Retire: Know What ‘Enough’ Means in RetirementHow to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending  Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Katie Binns, director of product management for Morningstar Indexes, discusses bank loans’ benefits even as interest rates are expected to fall. William Kerwin, equity analyst for Morningstar Research Services who covers Apple, reveals the two main things he wants to hear about on the earnings call.What Are Bank Loans?Bank Loans vs. Junk BondsThe Role of Bank Loans in Your PortfolioWhy the Market for Bank Loans Has GrownCompanies With Bank Loans TodayWhy Bank Loans Are Less Volatile Than Junk BondsHow Interest-Rate Cuts Could Affect Floating-Rate InvestmentsCould Riskier Credit Investments Default with an Economic Slowdown?What’s Coming Up in the Markets?Is Apple Intelligence Worth Upgrading Your iPhone?How Important Are iPhone 16s Holiday Sales to Apple?Why Apple Discontinued Developing Self-Driving Vehicles and Electric CarsCould Nvidia Taking the Title as the World’s Most Valuable Company Affect Apple?What to Look for in Apple EarningsApple Stock Outlook Read about topics from this episode.  The Morningstar LSTA US Leveraged Loan Index Highlights a Growing Asset Class Popular With Credit Investors A Way to Protect Your Portfolio Against Bond Price DropsCan Bank Loan Funds Rise to the Top Again?Apple iPhone 16 Event Inspires Confidence Keep up with Morningstar’s coverage of company earnings.  What to watch from Morningstar.Is Your Portfolio Built to Withstand a Market Rotation? Inherited IRA Rules: What You Need to Know Before 2025How to Find the Best Health Savings AccountHow GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks Read what our team is writing:William Kerwin, CFA Katie Binns Ivanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine talks with financial planning expert Jeff Levine about the importance of tax planning in retirement.Why Tax Planning is Key When Withdrawing from Your Retirement PortfolioWill Your Taxes Decrease in Retirement?Key Tax Strategies for Retirees Before They Have to Take RMDsDo Rules of Thumb for Retirement Spending Make Sense?How to Lower Your RMD Tax BillsHow Qualified Charitable Distributions Can Help Lower Your Tax BillKey Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of your retirement well.Today's episode will focus on the tricky topic of tax planning during retirement. To tackle this topic, I reached out to Jeff Levine, who is Lead Financial Planning Nerd at Kitces.com, and also serves as Chief Planning Officer at Buckingham Wealth Partners. Jeff is exceptionally good at explaining complex tax matters, so I knew that he would do a great job of delving into this topic.More from Jeff LevineBioKitces.comBuckingham Wealth PartnersJeff Levine on The Long View: Smart Tax Moves for 2023 and Beyond Read more from Christine Benz.How to Retire: Tips for Entering RetirementThe Big Retirement MythCan You Control Required Minimum Distributions?8 Little-Known Facts About RMDsAn Investing Road Map for Retirees Read about topics from this episode. 4 RMD Mistakes to AvoidHow Retirees Can Avoid the ‘Tax Torpedo’ Watch more from How to Retire.How to Retire: Transition from Saving to SpendingHow to Retire: Consider a Retirement Bucket Portfolio StrategyHow to Retire: Know What ‘Enough’ Means in RetirementHow to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Dan Lefkovitz, Morningstar Indexes strategist, discusses why it’s important to be ready for a range of outcomes during a market rotation. Nic Owens, equity analyst for Morningstar Research Services, talks about his outlook for Boeing stock ahead of earnings.Trends from the Q3 Market Rotation Extending into Q4 Key Moments Sparked Market Volatility Will Value Stocks Make a Comeback? Value and Small-Cap Stock OutlookWhat’s Fueling Dividend Stocks Outperformance Against the Broader Market?Bond Performance in Q3 and Early Q4What Investors Need to Watch Out for in Q4Will the Market Rotation Persist? What’s Coming Up in the Markets?Why Boeing’s New CEO Announced Massive LayoffsHow Boeing is Trying to Prevent a Credit DowngradeWhat Boeing is Delaying and Eliminating to Move ForwardWhere the Machinists’ Strike Stands at Boeing What to Look for in Boeing’s Q3 EarningsHow Investors Should Approach Boeing Stock Read about topics from this episode. 3 Lessons From Recent Stock Market DramaQ3 in Review and Q4 2024 Market OutlookWhat the Election Could Mean for Big Tech StocksHow to Use Large-Cap Stocks in a PortfolioBoeing: Machinists Union Strike Unavoidable and Unfortunate What to watch from Morningstar.Inherited IRA Rules: What You Need to Know Before 2025How to Find the Best Health Savings AccountHow GLP-1 Drugs Like Ozempic Are Boosting Biopharma StocksIs the Fed’s Plan to Avoid a Recession Working? Read what our team is writing:Dan LefkovitzNicolas OwensIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with Washington Post personal finance columnist and author Michelle Singletary. They talk about the difficult psychological transition from saving to spending in retirement.Transitioning from Saving to Spending in RetirementHow to Plan for Retirement When Your Spouse Doesn’t Retire at the Same TimeAre Annuities Helpful for In-Retirement Cash Needs?Delaying Social Security in RetirementHow Couples Can Approach Different Money Mindsets in RetirementKey Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well.One of my favorite personal finance journalists is author and Washington Post columnist, Michelle Singletary. Happy to say that I've gotten to know Michelle a bit through our regular conversations. In her work and presentations, she frequently discusses her thriftiness. So, I wanted to discuss with Michelle an issue that I've observed through talking to a lot of retirees, that if they've been good savers like Michelle, it's difficult to flip the switch into spending. I asked her to discuss that transition in her own household. More from Michelle SingletaryBioThe Color of MoneySpend Well, Live RichWhat To Do With Your Money When Crisis Hits: A Survival Guide, by Michelle SingletaryMichelle Singletary on The Long View: 'You Need Diversity' Read more from Christine Benz.How to Retire: Tips for Entering Retirement3 Tricky Decisions for Every Retirement PlanWe Need to Talk About Your Retirement ‘Spending’Social Security Planning Tips for Married CouplesHow to Determine Your Expected Retirement Date Read about topics from this episode. The Psychology of Retirement Income: From Saving to SpendingHow Retirees Can Avoid the ‘Tax Torpedo’ Watch more from How to Retire.How to Retire: Consider a Retirement Bucket Portfolio StrategyHow to Retire: Know What ‘Enough’ Means in RetirementHow to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending Read what our team is writing:Christine Benz  Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523 

Secure Act ConcernsRules for Traditional and Roth IRAs and Changes for Inherited IRAsWill Beneficiaries Need to Withdraw RMDs Every Year?Do People Who Inherit IRAs Still Need to Follow the 10-Year Rule?Why Congress Wants Inherited IRA Heirs to Follow the 10-Year RuleWhat Is Required of Non-Spouse Beneficiaries When Someone Passes After Starting RMDs?What Happens if the Original Account Owner Dies Before Taking Required Minimum Distributions?Can Non-Spouse Beneficiaries of Inherited IRAs Do a Rollover?When Should People Born in 1959 Begin RMDs?What You Should Do if You Skipped RMDs Between 2020 and 2024Key Takeaway Read about topics from this episode. IRS Finalizes RMD Regulations: Key Takeaways and the 10-Year Rule for BeneficiariesHow to Avoid Unintended Distributions from Inherited IRAs and 401(k)s4 RMD Mistakes to AvoidIRS Extends Waiver of Excise Tax for Inherited IRAs, but Not RMDsInherited IRAs: What to Know About Taxes, RMDs, and More What to watch from Morningstar.How to Find the Best Health Savings AccountHow GLP-1 Drugs Like Ozempic Are Boosting Biopharma StocksIs the Fed’s Plan to Avoid a Recession Working?Don't Overlook These Crucial Parts of Your Retirement Plan Denise Appleby, Morningstar contributor, explains the new inherited IRA rules including whether heirs need to take RMDs and follow the 10-year rule.  Plus, what the next steps are if a beneficiary, who inherited an IRA since 2020, hasn’t taken RMDs yet.  Read what our team is writing:Denise ApplebyIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with wealth manager Harold Evensky, who inspired Christine’s work in retirement portfolio bucketing.How the Bucket Approach to Retirement Planning Helps InvestorsHow the Bucket Approach Helped Keep Clients Steady During Market DownturnsBenefits of Limiting Cash in Retirement PortfoliosWhy Investors Should Avoid Too Many Retirement Buckets  Why Prioritizing Goals is Most Important for Retirement PlanningThe Most Underrated Aspect of Retirement PlanningOverrated Discussions in Retirement PlanningHarold Evensky’s Transition from Work to Retirement   Key Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well.Many of you know that I frequently talk about the bucket approach to retirement portfolio construction. I was inspired to work on bucketing after talking to Harold Evensky nearly two decades ago, and I knew that I wanted to chat with Harold for this podcast. He is the founder of Evensky & Katz/ Foldes Wealth Management and a retired professor of practice of the Texas Tech University Personal Financial Planning Department. Harold and I talked about how he hit on the bucket strategy and used it with his clients. More from Harold EvenskyBioEvensky & Katz / Foldes Wealth ManagementBlogHello Harold: A Veteran Financial Advisor Shares Stories to Help Make You Be a Better Investor, by Harold EvenskyHarold Evensky on The Long View: 'It's an Unmitigated Disaster' Read more from Christine Benz.How to Retire: Tips for Entering RetirementDo You Need More Than 3 Buckets?The Bucket Investor’s Guide to Setting Retirement Asset AllocationWhy Retirees and Investors Approaching Retirement Should Reduce Risk TodayTake This Simple Step As You Approach Retirement7 Key Tasks for Investors Approaching Retirement Read about topics from this episode. Panicking About Market Volatility? Don’t Lose Money Chasing the Crowd Watch more from How to Retire.How to Retire: Know What ‘Enough’ Means in RetirementHow to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Morningstar Inc editor Margaret Giles discusses the triple-tax-benefits of HSAs, how they compare to other tax-advantaged accounts, and whether you can save too much. Greg Carlson, senior manager research analyst for Morningstar Research Services, highlights the providers that received Morningstar's top ratings.What is an HSA?Who is Eligible for an HSA?HSA vs FSAHow to Maximize the Triple-Tax Benefits of HSAsHow Do HSAs Compare to Other Tax-Advantaged Accounts?Can You Save Too Much in an HSA?How Has the HSA Landscape Evolved Over Time?HSA Adoption Growth and the Rise of High Deductible Healthcare Plans  How Does Morningstar Assess HSAs?What Makes a Good HHSA for SA for Spending?Top 3 HSA Providers for SpendingWhat Makes a Good HSA for Investing?Top 3 HSA Providers for InvestingMorningstar’s Guide to the Best HSA Providers Read about topics from this episode. The Best HSA ProvidersWhat Can My HSA Be Used For?3 Tricks for Getting the Most Out of Your HSAHSA vs. FSA: How to Choose One  What to watch from Morningstar.How GLP-1 Drugs Like Ozempic Are Boosting Biopharma StocksIs the Fed’s Plan to Avoid a Recession Working?Don't Overlook These Crucial Parts of Your Retirement PlanBoating Season Is Over, but Don't Overlook These Recreational Vehicle Stocks  Read what our team is writing:Margaret GilesGreg CarlsonIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with personal finance expert Manisha Thakor to address the question of “What is enough?” when it comes to retirement.Do You Have Enough Financial Resources to Retire?How Retirement Spending Changes as We AgePlanning for Long-Term Care in Retirement  Non-Financial Planning for RetirementHow to Establish a Sense of Identity Away From WorkHow to Take a Phased Approach to Retirement  Key Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well.One big question that people often grapple with as they contemplate retirement is whether they'll have enough, financially and otherwise, in retirement. To help address that question, I sat down with author and personal finance expert, Manisha Thakor. She wrote a book called MoneyZen: The Secret to Finding Your "Enough". She is also the founder of MoneyZen, which is a financial education consultancy. More from Manisha ThakorBioMoneyZen.comMoneyZen: The Secret to Finding Your “Enough,” by Manisha ThakorManisha Thakor on The Long View: Finding Your Enough Read more from Christine Benz.How to Retire: Tips for Entering RetirementHow to Determine Your Expected Retirement DateA Retirement Readiness ChecklistHow Likely Are You to Need Long-Term Care?I’m Not Ready for Retirement (but I’m Not Waiting) Read about topics from this episode.Your Retirement Checklist Should Go Beyond Finances Watch more from How to Retire.How to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Karen Andersen, biotechnology strategist for Morningstar Research Services, discusses what GLP-1 drugs’ demand means for the biopharma industry’s five-year outlook. And whether the weight-loss drugs pose a threat to snack food stocks.Why GLP-1 Drugs Are in Demand Competition Between Novo Nordisk and Eli LillyHow Expanding the Conditions GLP-1 Drugs Treats Could Influence Insurance CoverageAre Weight Loss Drugs a Threat to Snack Food Stocks?Big Pharma’s Looming Patent CliffHow Medicare Negotiations Impact the Pharmaceutical IndustryWhat is a Biologic Drug?Upcoming Innovations in the Pharmaceutical IndustryWhich BioPharma Drugs Do We Expect to Contract?Big Pharma’s Five-Year OutlookBiopharmaceutical Stock Picks Read about topics from this episode. 2024 Biopharmaceutical Industry LandscapeObesity Drugs: Can New Firms Take Market Share From Eli Lilly and Novo Nordisk? Investment Opportunities in the Biopharma Industry Obesity Drug Market: The Next Wave of GLP-1 Competition  What to watch from Morningstar.Is the Fed’s Plan to Avoid a Recession Working? Don't Overlook These Crucial Parts of Your Retirement PlanBoating Season Is Over, but Don't Overlook These Recreational Vehicle Stocks5 Ways to Improve America’s Retirement Savings Read what our team is writing:Karen Andersen Ivanna Hampton  Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with senior nerd at Kitces.com and assistant professor of finance Derek Tharp. They talk through how adjusting your spending throughout your retirement can enable you to spend more in the long run.  How Actual Retiree Spending Deviates from Conventional Retirement ResearchWhy Early Retirees Can Spend More Than the 4% GuidelineHow to Adjust Your Retirement Spending Over TimeHow to Get Comfortable With Variability in RetirementHow to Transition from Saving to SpendingHow to Account for Long-Term Care in Your Retirement Spending PlanKey TakeawaysHi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well. Today's episode will focus on how to make sure that the amount that you're spending from your portfolio is reasonable. To tackle this topic, I sat down with Derek Tharp, who is a Senior Research Nerd at Kitces.com and an Assistant Professor of Finance at the University of Southern Maine. I've loved Derek's work on how adjusting your spending in retirement can actually enable you to spend more over your lifetime. I feel like it's so practical and helpful, especially for people with tight financial plans heading into retirement.More from Derek TharpBioKitces.comPeer Reviewed ResearchDerek Tharp on The Long View: An Alternative Approach to Calculating In-Retirement Withdrawals Read more from Christine Benz.How to Retire: Tips for Entering RetirementShould Your Retirement Withdrawals Mirror RMDs?3 Tricky Decisions for Every Retirement Plan7 Steps to Estimating Your In-Retirement Cash Flow NeedsHow to Pay Yourself in RetirementHow Likely Are You to Need Long-Term Care? Read about topics from this episode.The Psychology of Retirement Income: From Saving to SpendingThe 4% Retirement Rule Is Just a Starting Point Watch more from How to Retire.How to Retire: Understand the Role of Working Longer Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Preston Caldwell, senior US economist for Morningstar Research Services, discusses why the Federal Reserve made an aggressive interest-rate cut now. And what these lower rates mean for borrowers.Morningstar’s Take on the Federal Reserve’s First Interest-Rate Cut in 2024 What is the Neutral Rate of Interest?Was the Half-Point Interest Rate Cut as “Timely?” Risks that Could Cause Inflation to ReheatWhat Signs from the Job Market Could Spur the Fed into Action?Does the Fed’s Forecast for Interest-Rate Cuts Line Up with Morningstar’s Expectations?How the Housing Market Can Return to Affordability What Lower Interest Rates Could Mean for Credit Card BorrowersIs the Fed on Track to Avoid a Recession and Pull of a “Soft Landing”? Read about topics from this episode.  How Much Will the Fed Cut Interest Rates?Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won What’s Next for the Markets and Economy After the Fed Rate Cut? Fed Cuts Rates by Half-Point in Aggressive Start to Easing Cycle What to watch from Morningstar.Don't Overlook These Crucial Parts of Your Retirement Plan Boating Season Is Over, but Don't Overlook These Recreational Vehicle Stocks5 Ways to Improve America’s Retirement SavingsMutual Funds Turn 100. Can Investors Still Count on Them? Read what our team is writing:Ivanna HamptonPreston Caldwell  Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine sits down with Yahoo Finance columnist and author Kerry Hannon to talk through the benefits of meaningful work in retirement.Benefits of Working Past Traditional Retirement AgeWhat Does the Data Tell Us About People Who Work Longer?How to Make Working Longer a Part of Your Retirement PlanDealing With Age Discrimination in the WorkplaceHow You Can ‘Ask and Address’ Your Needs in RetirementKey TakeawaysMore from Kerry HannonBioYahoo Finance ColumnIn Control at 50+: How to Succeed in the New World of WorkKerry Hannon on The Long View: Remote Work Trend Benefits Older Workers Read more from Christine Benz.I’m Not Ready for Retirement (but I’m Not Waiting)Lessons From Another ‘Faux-tirement’How to Determine Your Expected Retirement DateShould Working Longer Be a Part of Your Retirement Plan? Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523