|Bid||15.71 x 800|
|Ask||15.75 x 1000|
|Day's Range||15.71 - 15.84|
|52 Week Range||9.84 - 15.84|
|Beta (3Y Monthly)||-0.10|
|PE Ratio (TTM)||7.99|
|Forward Dividend & Yield||0.96 (6.30%)|
|1y Target Est||N/A|
If you ask most financial advisers how to retire on a half-million dollars, they'll likely say it can't be done.Many financial advisers point to the "4% rule" (also the "Bengen rule") for tax-advantaged accounts such as 401(k)s and IRAs. The 4% rule says you can draw up to 4% of your nest egg's value in your first year of retirement, then add inflation to the prior year's total and withdraw that each subsequent year, for 30 years, without worrying your money will run out. William Bengen, who first proposed the rule in 1994, later updated that figure to 4.5%.The median personal income in the U.S. is $33,706 per year, as of 2018 data. Not including Social Security, you'd need about $750,000 in your retirement account(s) to hit that number, if you followed this rule. Depending on where you live, as well as the lifestyle you want to maintain, you'd probably need to start with more. That's why many advisers point even higher, stating figures between $1 million to $1.5 million as ideal retirement targets.Brent Weiss, head of planning at Facet Wealth in Baltimore, reminds us there is no one-size-fits-all retirement solution. "In retirement, we face a unique set of risks and many are unknowns," he says. "From inflation to healthcare costs to longevity, we need to have a plan for them today." Among those issues is that not every family has as much saved as they need. That's OK. If you're wondering how to retire on less than what the traditional wisdom says you need, you have a few options.These seven high-yield investments may allow you to retire well on a nest egg as small as $500,000. One other aspect of the 4% rule is that any dividends or bond interest you receive diminishes the amount you need to withdraw for your annual income. These seven investments should provide more across dividends and distributions* alone than the U.S. median personal income. SEE ALSO: 25 Stocks Every Retiree Should Own
NEW YORK, Aug. 28, 2019 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (RQI) (the "Fund") with information regarding the sources of the distribution to be paid on August 30, 2019 and cumulative distributions paid fiscal year-to-date. In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share.
NEW YORK , June 11, 2019 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for July, August and September 2019 , as summarized in ...
NEW YORK , March 19, 2019 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for April, May and June 2019 , as summarized in the charts ...
NEW YORK , Dec. 18, 2018 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for January, February and March 2019 , as summarized in ...
NEW YORK , Oct. 22, 2018 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that September 30, 2018 quarter-end data for its open-end and closed-end funds, including portfolio holdings, are ...