|Symbol||Stock||Price change today|
|PCLN||The Priceline Group Inc.||5.64%|
|DPZ||Domino’s Pizza Inc Common Stock||2.37%|
|STZ||Constellation Brands Inc. Comm||0.64%|
|SAM||Boston Beer Company Inc. (The)||0.63%|
|ALGN||Align Technology Inc.||0.49%|
|COF||Capital One Financial Corporati||0.21%|
|REGN||Regeneron Pharmaceuticals Inc.||0.12%|
|MRK||Merck & Company Inc. Common St||0.03%|
|MIDD||The Middleby Corporation||-0.21%|
|CVCO||Cavco Industries Inc.||-0.29%|
|EXR||Extra Space Storage Inc Common||-0.40%|
|MET||MetLife Inc. Common Stock||-0.42%|
|SUI||Sun Communities Inc. Common St||-0.48%|
|TMO||Thermo Fisher Scientific Inc Co||-0.50%|
|AMAT||Applied Materials Inc.||-0.58%|
|EW||Edwards Lifesciences Corporatio||-0.65%|
|BABA||Alibaba Group Holding Limited A||-0.68%|
|ALXN||Alexion Pharmaceuticals Inc.||-0.72%|
|GWR||Genesee & Wyoming Inc. Class A||-0.75%|
|ULTA||Ulta Beauty Inc.||-0.82%|
|SWKS||Skyworks Solutions Inc.||-0.86%|
|MCK||McKesson Corporation Common Sto||-0.87%|
|BWLD||Buffalo Wild Wings Inc.||-0.93%|
|HOG||Harley-Davidson Inc. Common St||-1.12%|
|HZO||MarineMax Inc. (FL) Common St||-1.32%|
|AZPN||Aspen Technology Inc.||-1.46%|
|MNST||Monster Beverage Corporation||-1.54%|
|LULU||lululemon athletica inc.||-1.76%|
|MEI||Methode Electronics Inc. Commo||-1.89%|
|GTN||Gray Communications Systems In||-2.16%|
|HDSN||Hudson Technologies Inc.||-2.19%|
|CRUS||Cirrus Logic Inc.||-2.89%|
|TRN||Trinity Industries Inc. Common||-3.03%|
|UA||Under Armour Inc. Class C Comm||-3.73%|
|AYI||Acuity Brands Inc (Holding Comp||-3.88%|
|CBPO||China Biologic Products Inc.||-8.97%|
When should you retire? Use these three rules as a guide to select your optimal retirement age.
1. Know what you’ll do after you retire
Probably the most important step in determining when you should retire is figuring out what you want to do after you retire. The bottom line is that you could become bored if you don’t have plans for what you’ll do during your retirement years. It could be that playing golf or traveling will be enough to keep you happy and active. However, many retirees go back to work in some capacity — not because they have to, but because they want to.
Merrill Lynch surveyed working retirees in 2014. Four-fifths of them chose to work even though they didn’t have to do so. The top reason they cited for continuing to work was “to stay mentally active.” The second-highest response was “to stay physically active.”
Volunteering with non-profit groups is another great option for many retirees. The important thing is to remain physically and mentally active, which has been proven time and again to be essential to retirees’ happiness.
2. Make sure you know you can afford to retire
You need to ensure your financial resources will be able to support you during retirement, regardless of when you decide to retire. For some, money will decide their retirement age for them.
There are a couple of general rules of thumb to keep in mind.
- First, you’ll probably need about 80% of your current income to maintain the same standard of living in retirement.
- Second, you should only withdraw about 4-8% of your retirement nest egg each year to avoid running out of money. If you have read my whitepaper Retire in Luxury, you know that you can withdraw more if you invest wisely in the market. However, if you foolishly only invest in “safe” vehicles then you will have to withdraw on the lower end of the range.
Social Security will be a major source of retirement income for most Americans. If you wait until your Social Security-mandated full retirement age (between 66 and 67, depending on when you were born), you’ll receive full benefits. However, you can receive reduced benefits as early as age 62 — or you can wait as late as age 70 to enjoy increased benefits.
Also include all other potential sources of retirement income in your financial calculations, such as pensions, individual retirement accounts (IRAs), and 401(k) plans. Keep in mind that these sources have their own rules governing when you can make withdrawals without penalties. For example, IRA withdrawals prior to age 59-1/2 are usually subject to a 10% penalty.
3. Factor your health into the decision
There are at least a couple of important reasons to factor your health into the decision about when you’ll retire. First is the financial impact. Fidelity estimates that a 65-year-old couple retiring now will spend $245,000 on healthcare during a 20-year retirement. And that doesn’t include long-term care expenses, which can be enormous.
If you retire before age 65, your healthcare expenses will be even higher. That’s because you’ll probably have to pay for health insurance totally on your own unless your employer provides coverage for retirees. At age 65, you can enroll in Medicare — for now, though there’s a possibility that the Medicare age could be gradually raised over time to help keep the program solvent.
Second, you may be forced to retire earlier than you’d like because of health issues. An Employee Benefit Research Institute (EBRI) survey found that 46% of retirees in 2016 retired earlier than expected. Over half of those individuals retired early due to health problems or disability. Even if you don’t currently have health problems, delaying retirement for too long could be problematic if your job takes a toll on your body.
[s2If !current_user_can(access_s2member_level1)]This information is exclusively for the registered owners of my book, “The Confident Investor” and will not be visible to other visitors to this site (you must be logged in to this site as a book owner in order to see the following analysis).
As an example of the success that my book teaches, in a 7 year time frame from January 3, 2006 to December 31, 2012, Decker Corporation increased 304.7% if you would have implemented a pure buy-and-hold strategy. If you would implemented the strategy that I explain in my book, The Confident Investor, you would have seen a 371.2% return on your investment. This is a 21.8% increase on the profit percentage.
Can your investment system beat the market by that much?
[s2If current_user_can(access_s2member_level1)]Thank you for being a registered book owner. Please remember that the below indicators should NOT be considered signals for you to invest in or sell any of these stocks. Rather, you should double check all analysis and understand that the decision to invest in or sell one of these stocks is purely your own. This information is purely provided for educational purposes.
NVIDIA Corporation [stckqut]NVDA[/stckqut] isn’t going anywhere. In fact, as the CEO said in the latest earnings call, it is the fastest growing technology company in the world. But there’s more to that statement — a lot more.
First, when we talk about growth here, sometimes we reflect upon companies where growth is coming while earnings are forsaken. That is not the case at all with Nvidia.
NVIDIA Corporation has hit $6.9 billion in revenue, up 38% year-over-year. But, this gets much bigger. These are numbers for the last quarter, compared the same quarter one year ago:
- Gaming revenue was $1.35 billion up from $810 million for 66% growth.
- Data center revenue was $296 million up from $97 million for 205% growth.
- Automotive revenue was $128 million up from $93 million for 38% growth.
Amazon and Microsoft, the two largest cloud players, openly offer Nvidia GPU powered machines to their clients, and the conversion so barely (barely) at the beginning.
In just the last quarter, Nvidia announced:
- Collaborated with Microsoft to accelerate AI with a GPU-accelerated Microsoft Cognitive Toolkit available on the Microsoft Azure cloud and NVIDIA DGX-1™.
- Partnered with the National Cancer Institute and the U.S. Department of Energy to build CANDLE, an AI framework that will advance cancer research.
- Unveiled the NVIDIA DGX SATURNV AI supercomputer, powered by 124 Pascal-powered DGX-1 server nodes, which is the world’s most efficient supercomputer.
- Partnered with Audi, to put advanced AI cars on the road by 2020.
- Partnered with Mercedes-Benz, to bring a NVIDIA AI-powered car to the market.
- Partnered with Bosch, the world’s largest automotive supplier, to bring self-driving systems to production vehicles
- Partnered with Germany’s ZF, to create a self-driving system for cars, trucks and commercial vehicles based on the NVIDIA DRIVE™ PX 2 AI car computer.
- Partnered with Europe’s HERE, to develop HERE HD Live Map into a real-time, high-definition mapping solution for autonomous vehicles.
- Partnered with Japan’s ZENRIN, to develop a cloud-to-car HD map solution for self-driving cars.
Barron’s notes that the firm provides processors to more than 50 automakers working toward driver-less cars.
Nvidia’s net income was $1.67 billion in the last year, up 171% year-over-year. For perspective, Amazon’s net income over the last year was $2.4 billion.
Here are some more facts for you to consider, whichever direction you go with Nvidia. This is last quarter’s earnings results highlights:
- Growth was driven primarily by Datacenter tripling with a rapid adoption of AI worldwide.
- AI is transforming industries worldwide. The first adopters were hyperscale companies like Microsoft, Facebook, and Google, which use deep learning to provide billions to customers with AI services that utilize image recognition and voice processing.
The next area of growth will occur as enterprises in such fields as healthcare, retail, transportation, and finance embrace deep learning on GPUs.
- Microsoft announced that its GPU-accelerated Microsoft Cognitive Toolkit is available both in Azure cloud and on premises with our DGX-1 AI supercomputer
- Growth for the quarter and fiscal year was broad based with record revenue in each of our four platforms, Gaming, Professional Visualization, Datacenter and Automotive.
- Q4 Gaming revenue was a record $1.35 billion, rising 66% year-on-year and up 8% from Q3
- GRID, graphics, virtualization business doubled year-on-year, driven by strong growth in the education, automotive, and energy sectors.
- With NVIDIAs powering the market’s only self-driving cars and partnerships with leading automakers, Tier 1 suppliers, and mapping companies, we feel very confident in our position as the transportation industry moves to autonomous vehicles.
- Gross margins were at record levels.
- GAAP operating income was $733 million, and non-GAAP operating income was $809 million, both more than doubled from a year earlier.
|Symbol||Stock||Price change today|
|GTN||Gray Communications Systems In||4.12%|
|CVCO||Cavco Industries Inc.||3.73%|
|REGN||Regeneron Pharmaceuticals Inc.||3.34%|
|HDSN||Hudson Technologies Inc.||2.23%|
|BWLD||Buffalo Wild Wings Inc.||2.12%|
|LULU||lululemon athletica inc.||1.70%|
|TRN||Trinity Industries Inc. Common||1.21%|
|COF||Capital One Financial Corporati||1.13%|
|AZPN||Aspen Technology Inc.||1.08%|
|SWKS||Skyworks Solutions Inc.||0.98%|
|HOG||Harley-Davidson Inc. Common St||0.81%|
|AYI||Acuity Brands Inc (Holding Comp||0.78%|
|BABA||Alibaba Group Holding Limited A||0.63%|
|MCK||McKesson Corporation Common Sto||0.58%|
|GWR||Genesee & Wyoming Inc. Class A||0.52%|
|ALXN||Alexion Pharmaceuticals Inc.||0.50%|
|HZO||MarineMax Inc. (FL) Common St||0.44%|
|AMAT||Applied Materials Inc.||0.36%|
|MET||MetLife Inc. Common Stock||0.32%|
|MEI||Methode Electronics Inc. Commo||0.24%|
|CRUS||Cirrus Logic Inc.||0.05%|
|EXR||Extra Space Storage Inc Common||0.03%|
|PCLN||The Priceline Group Inc.||0.02%|
|MIDD||The Middleby Corporation||-0.04%|
|EW||Edwards Lifesciences Corporatio||-0.11%|
|ULTA||Ulta Beauty Inc.||-0.23%|
|TMO||Thermo Fisher Scientific Inc Co||-0.31%|
|SUI||Sun Communities Inc. Common St||-0.35%|
|DPZ||Domino’s Pizza Inc Common Stock||-0.46%|
|MRK||Merck & Company Inc. Common St||-0.47%|
|ALGN||Align Technology Inc.||-0.61%|
|STZ||Constellation Brands Inc. Comm||-0.66%|
|SAM||Boston Beer Company Inc. (The)||-0.97%|
|CBPO||China Biologic Products Inc.||-1.12%|
|UA||Under Armour Inc. Class C Comm||-2.77%|
|MNST||Monster Beverage Corporation||-3.35%|