Retirement Challenges, Jamie Dimon, Elon Musk, and More

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The issue of living on a fixed income while housing costs are rising has begun to stand out over the past few years, silently killing the retirement savings of an entire generation. Downsizing and relocating are now real-world possibilities for many retired baby boomers.

Jamie Dimon, the CEO of JPMorgan Chase & Co. (NYSE: JPM), is a great business icon to learn from. Those in their 60s who may be reflecting on their careers or heading toward retirement should take note of five key Jamie Dimon quotes they may want to consider.

Shares of luxury electric vehicle maker Lucid Group Inc. (NASDAQ: LCID) have lost almost all of their value in the past three years due to a variety of issues. 24/7 Wall St. takes a look at where the stock may be headed for the next several years.

Driven mostly by electric vehicle leader Tesla Inc. (NASDAQ: TSLA) and aerospace company SpaceX, Elon Musk’s net worth has skyrocketed and could triple in the next five years. Some are predicting that Musk is on his way to being the world’s first trillionaire.

Most investor attention in the world of high-performance chips continues to be on Nvidia Corp. (NASDAQ: NVDA). See why Taiwan Semiconductor Manufacturing Co. Ltd. (NASDAQ: TSM) is a top option to consider and what may lead to its significant outperformance over the next two years.

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Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.