My Comments: When the last crunch time came in 2008 and 2009, I vowed to find a better solution for my clients. The idea of losing 30% or more of the value of your retirement holdings over the course of a few months is devastating. For many, it’s taken years to get back to where …
Tag: retirement advisor
A Crisis Less Extraordinary
My Comments: For those of you who can stomach economics and the sometimes arcane language of investments, this is an interesting analysis. It comes from a source called Seeking Alpha where I have a membership. Their articles are also infused with lots of charts which I often choose to leave out. So if for any …
Do Retirees Need Long-term Care Insurance?
My Comments: As a financial planner with thinning grey hair, my clients tend to be already retired or soon to be retired. A major worry we all face is the chance that we will slow down to the point where we need help to get from one day to the next. Sure, family members will …
4 Reasons Why Not To Go Long The S&P
My Comments: Some of my responsibility as an investment advisor is to provide warning if I think there are pending changes in market direction. But since I have no idea what I may eat for lunch today, telling folks about the next crash will happen is pure speculation. But... I compensate for this inability by …
Common Mistakes When Designating a Beneficiary
My Comments: With so many of us getting older, there is an increasing focus on what happens to our money when we die. If we don’t pay attention, large pieces of it may flow to the IRS and into the hands of others simply because we couldn’t be bothered to get it right the first …
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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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YOU WORRY ME!
My Comments: I’m very conflicted by current events in the Middle East. On one hand I’m a dove, sick and tired of the hatred and death and tribal motivations of the people involved. It also reinforces my discomfort about religion since the conflict always seems to be driven by a false belief that “my God …
10 Helpful Tips About Medicare
My Comments: Medicare has been a life saver for me and my wife. It has allowed us to seek timely and appropriate medical care when problems surfaced. An argument can be made that it serves to deprive hard working physicians with the compensation they deserve, but from a selfish perspective, that’s their problem. Our problem …
Social Security: Boost Benefits for Both Spouses
My Comments: Helping potential clients with an analysis of coming Social Security benefits is big business across the country these days. And I’m doing my share of it. Thank you very much. But in spite of my being closely aligned with this process for the past 15 months, I’m still confused by the myriad of …
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Gauging The Stock Market With The Tocalino Index
My Comments: Football season is about to start, Ukraine is still bothered by the Russians, and Ferguson, Missouri is still a mess. So here I am talking about the stock market and an index I have never heard of before. I suspect you haven’t either. But there is reference here to the Misery Index, which …
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Helping Define Your Financial Future 