My Comments: I recently wrote about where we are now in the overall market cycle and the likely chance of a major disruption that will effect your financial future. My post was titled “Are We There Yet?” Most of us have visions of a successful retirement. Of course, “success” is dependent on your life today, …
Tag: retire
Stop Tinkering With Your Retirement Portfolio
My Comments: I can’t tell you how many times over the past 40 years that a client has talked with me suggesting something is wrong with his investments. It usually comes after a long run up in the markets and he or she thinks his portfolio is lagging. And almost every time we’ve made a …
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Seven Trust-Based Asset Protections Strategies for Clients
My Comments: This comes courtesy of a local friend and attorney who includes me among those with whom he shares insights. I'm unsure who should get credit for writing the actual text. Over these many years I've had many clients with trusts of one kind or another and clients who needed trusts but didn't have …
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For Retirement Portfolios, a Smarter Glidepath
My Comments: I’ve talked in earlier blog posts about the rate used to withdraw money from your retirement accounts. There is a prevailing sentiment that it should be 4% or less. I think that’s too low. On the other hand if I’m wrong, and 30 years later you discover you have run out of money, …
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New Longevity Annuity Rules: 5 Things to Know
My Comments: Earlier this week I introduced the idea of a QLAC. If you didn’t see it, click on the link and check it out. Some of you are going to want to use this contract as soon as it becomes available this fall. Others are going to think about how your investment mix will …
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‘Trust me, I am a financial adviser’ is Not Good Enough
My Comments: There are those in the financial services industry that do not have to be accountable for what they say and do with respect to clients and their best interest. They claim to, but if push comes to shove, it’s buyer beware. Of course, with today’s instant media, if you are on the wrong …
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Capitalism: Looking Past The Bottom Line
My Comments: If this author is right, then this issue will have an impact on the mid-term elections this fall as well as the elections in 2016. The lasting legacy of the Obama administration will be the PPACA or ObamaCare legislation. When it was enacted, our cost of health care was increasing much faster than …
Our Flawed Financial System is Reflected in Bitcoin
My Comments: What exactly is a bitcoin? I’ve been reading about them for many months now and I’ve yet to understand how I would spend one if it happened to show up in my change at Publix. Chances are it never will. But... The image suggests they are made of metal. But that runs counter …
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Three Key Strategies for Helping Clients Navigate Aging Plans
My Comments: OK, we’re all getting on in years, some of us more so than others. Baby boomers are starting to ask compelling questions about Social Security, about health care issues, and dozens of other topics that a 30 year old cannot yet start to think about. That’s OK; I couldn’t either when I was …
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Retirement Planning for the Very Long-term
My Comments: You have perhaps heard the expression that “... it’s like watching grass grow.” Or perhaps “... it’s like watching paint dry.” I use it when something I’m supposed to be paying attention to is progressing slooooooowly. It comes to mind in the constext of this article which has demographic overtones. Personally, I’m on …
Helping Define Your Financial Future 