What should you buy when the stock market drops? And where's the best place to retire? Catch up with our top stories this weekend:
If you are retired and wish to move, or if you are planning to find a new location to spend your golden years, try MarketWatch’s retirement location tool. It includes data for more than 3,000 U.S. counties and incorporates climate risk.
We want to retire in the Carolinas or Virginias in a walkable town neither too large nor too small — where should we go? The story is different in 2021, even though the S&P 500 is up another 20%. So far this year, Tesla’s shares have risen 7% and the Ark Innovation ETF ARKK, -1.56% is down 4%. Alessandra Malito covers a related topic: How new tax laws might affect Roth IRA conversions and how Roth 401 plans might be a solution for some retirement savers.
Even though Federal Reserve Chairman Jerome Powell has been considered “dovish,” favoring an extended period of low interest rates and a continued expansion of the money supply to spur economic growth, Diane Swonk, chief economist at Grant Thornton, believes “hawks rule the roost” at the Fed. There have been reports of hospital staff walkouts over COVID-19 vaccine mandates and a survey indicating as many has half of unvaccinated workers would rather quit their jobs than shots required by their employers.
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