My Comments: This comes from a publication called The Motley Fool that I follow. This article describes averages that may or may not apply to you. But the framework is real and if retirement is in your future, there may be thoughts here that resonate with you, especially if you are 20-25 years away from …
Continue reading The Most Important Retirement Table You’ll Ever See
My Comments: Like the author’s first words below, I’ve spent my career looking for ways to help clients grow and maintain their financial lives. Many of them are living much longer than they expected to. I’ve lived far longer than my father, despite our having similar health issues, and I expect to be around for …
Continue reading How a Fixed Index Annuity Can Manage Retirement Income Risks
My Comments: We’re living longer, too many of us have limited financial skills, the level of pervasive uncertainty about the survival of our democracy and what it will look like in a few years, all add up to stress which is not a healthy outcome for any of us. Whether you have enough money to …
Continue reading 11 Signs You Will Be Able To Live Off Your Retirement Nest Egg
My Comments: Over recent months, I’ve received negative comments from readers suggesting I don't know what I’m talking about when it comes to investing money. One recent comment suggested I clearly had no clue what I was talking about; the comment was just buy and hold with no attempts to time the markets. However, that …
My Comments: I prioritize the following this way: #1 - #4 - #5 - #2 and #3. Yes, some of this is self-serving as I’ve been in the retirement planning business for almost 50 years. And yes, I’ve created an online course that features 8 critical questions you must ask of yourself, and answer, if …
I’m sure you’ve heard about annuities. Some of them can be imagined as a "Swiss Army Knife" when it comes to retirement planning, a versatile companion that serves multiple purposes, much like the trusty Swiss Army Knife I've carried for years. In this post, I'll describe a financial product tailored for your retirement journey. While …
Continue reading An Interesting Analogy for Retirement Planning
My Comments: This is Part Three and the last one in this series. My hope is you’ve read Part One and Part Two and ready for Part Three of the series and for it to end. I’ve attempted to provide the reader with a comprehensive and somewhat detailed overview of annuities and how they can …
My Comments: Two days ago I posted Annuities: Part One. In this post my attempt is to expand on a readers understanding of annuities in general so that if anyone sees this as a viable way to set aside money for the future, they’ll have a better understanding of the variables involved and how they …
My Comments: This post is for those of you who might be considering an annuity to help fund your retirement. It appears here as Part One with Part Two and Part Three to follow this week. It’s long and detailed so you’ll likely find yourself in the weeds from time to time. My source of …
My Comments: Virtually all of us in retirement need an income. If we continue to work part time, that’s active income. If we rely wholly on Social Security, qualified retirement accounts, or other accumulated assets, that’s considered passive income. Most of us are no longer working for money and instead money is working for us. …
Continue reading How To Build A Mutual Fund Portfolio For Income
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