Most readers of this blog understand that when asked what I do for a living, my usual response is that “I’m in the money business. I help people grow their money.” This article by Geoff Colvin sets the stage for what you can expect from the markets in 2012. It’s a helpful summary that puts …
Tag: retire
A Solution for Long Term Care
A growing number of financial planners and investment advisors are coming to realize that all financial issues cannot be properly addressed solely with a portfolio of securities. As someone who has been licensed to sell insurance for longer than I’ve been licensed to provide investment advice, I recognize that much of what I do is …
Weekly Market Recap – 13 DEC 11
Check here for your weekly market recap from J.P. Morgan.
Fidelity: 401(k) Balances Drop 12% in 3Q
(I don’t know about you but I’m getting really tired of all the woe and gloom that pervades our lives. At first glance, this post is much the same. But if you get to the end and have time, watch the presentation I created by clicking on the last line. For me its a ray …
What Does Retirement Really Cost? – Part III
What we’ve talked about in Part I & II is a basic application of the time value of money, given today’s interest rates. So, is it time to take up boozing, smoking and to hell with the exercise bike? Maybe. As a financial advisor, I can provide you with reams of data that suggest, over …
Continue reading What Does Retirement Really Cost? – Part III
What Does Retirement Really Cost? – Part I
This is a question that surfaces in one form or another in virtually every conversation I have with a client or prospective client. The central point is that no one knows. How's that for insight? "Retirement" is that point in your life when you stop working for money and whatever money you have accumulated has …
Social Security: Advanced Strategies
The decision on when to begin taking Social Security benefits is a complex one. The following discusses three strategies clients can consider in an effort to maximize the amount of benefits they receive. 1. Changing your mind Many people think that once they elect to receive Social Security benefits, the decision is an irrevocable one. …
Reducing Retirement Planning Stress
The focus of this post is suggest a couple of ways to minimize the stress associated with money and retirement. I want you to think about how age can change your pre-conceived notions about retirement. Some of you have heard me describe the three stages of life: The first is when we are young and …
Trusts and What They Are – Part Four
Concluding our short series on trusts, here are what you might think of as “niche” trusts. You don’t see them very often but if you have a need to solve, these might give you some food for thought. Specific Purpose Trusts There are some trusts created for specific purposes rather than for the benefit of …
Trusts and What They Are – Part Three
Part Two ended with comments about Irrevocable Life Insurance Trusts. Here is a continuation of those thoughts. Again, my thanks to Richard M. White, Esq. here in Gainesville for providing the necessary resources for this overview... Private Trusts Most trusts are private trusts. In addition to those commonly encountered, there are many that have very …
Helping Define Your Financial Future 