Help Your Surviving Wife Survive

Let me share something with you that’s been bothering me for many years. I’ve been working in the financial services and insurance industry for 21 years, but this experience I have goes back far beyond that. Back to when I was in my 30s. This message is intended for men, but ladies, I hope you [...]

By |2019-09-30T21:53:34+00:00September 30th, 2019|Retirement Planning|

Sequence Of Returns Risk

In 1994, William Bengen published an article in the Journal of Financial Planning. He aimed to present his research from the Monte-Carlo Simulations he created, and what an acceptable withdraw rate would be for someone with a retirement horizon of 30 years. Bengen knew that it was dangerous for retirees to assume a withdraw rate [...]

By |2019-09-26T23:53:40+00:00September 26th, 2019|Retirement Planning|

Invisible Fees In Mutual Funds

Transparency in the financial world has traditionally been lacking. As information sources have increased, along with it has come more chances to look behind the curtain. The mutual fund industry in America is enormous; most all Americans have or currently do use these products for accumulating funds for retirement and many other uses. Mutual funds [...]

By |2019-09-24T20:15:06+00:00September 24th, 2019|Investing|

The Golden Years May Become Scary

When the Social Security Administration announced that for 2016, 2017, 2018 there would be NO “cost of living adjustment” (COLA) to retirement payments, many considered inflation was under control. The reason for no COLA is simple, and Congress sets the COLA based on the performance of the Consumer Price Index (CPI). The CPI failed to grow [...]

By |2019-09-24T19:40:48+00:00September 24th, 2019|Retirement Planning|

4 Strategies To Reduce Volatility In Your Retirement Portfolio

I have been asked recently how the current volatility of the stock market will affect the interest in annuities. Of course, the obvious answer to avoid instability is to get out of the market, and most people are fearful of that. While the issue of volatility is clear, greed and desire to make more and [...]

By |2019-09-24T00:00:15+00:00September 23rd, 2019|Investing|

Your Broker Wants You To Know All Quiet On The Western Front

If you haven’t read the colossal epic book about WWI, All Quiet on the Western Front, you might want to give it a go. Erich Remarque's novel about the horrors of war and the effort to remain alive while both witnessing and causing indescribable carnage is intense. The book catapults you to that time and [...]

By |2019-09-21T19:41:30+00:00September 20th, 2019|Investing|

Fixed Indexed Annuities And The Road Analogy

I am a “visual” type thinking person. So, I was thinking of ways to further describe the FIA, knowing that it's a different language. I have spoken this language for the better part of 18 years; realizing that sometimes in the communication of a different language, there is a loss of meaning and or interpretation. [...]

By |2019-09-13T22:40:35+00:00September 13th, 2019|Annuities|

The Longer You Live The Longer You Live

When planning retirement, make sure your money lasts as long as you do!   In 1994, amateur economist and investment manager William P. Bengen wrote his famous thesis about withdrawal rates from accumulated funds in calculating retirement income. Here is the link:http://www.retailinvestor.org/pdf/Bengen1.pdf Over the years and due to the financial meltdown of 2008, the amount [...]

By |2019-09-12T14:45:46+00:00September 11th, 2019|Retirement Planning|

Three Reasons 401(k)s May Not Be Suitable For Some Investors

There was a time in the not-so-distant past when the "theory of decreasing responsibility" was a viable way of determining how to plan one's retirement. This theory, which formed the nucleus of retirement planning for decades, held that as people get older, their financial responsibilities will decrease. For example, the mortgage will typically be paid [...]

By |2019-09-12T14:42:37+00:00September 10th, 2019|401(k) Rollovers|