Learn tips and tools to increase savings, balance risk & return, and maximize your retirement savings.

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 withdrawal rate [...]

By |2020-01-09T22:39:22+00:00September 26th, 2019|Retirement Planning|

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 |2020-01-09T22:43:34+00:00September 24th, 2019|Retirement Planning|

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|

Veterans Aid And Attendance Pension

Most of our Veterans and their widows are unaware of all the benefits that are available to them through the Veterans Administration. Nearly two million Veterans or their widows are missing out on a valuable pension from the U.S. Government, leaving as much as $4.6 billion a year unclaimed. This lifetime benefit is available for [...]

By |2019-08-30T15:11:20+00:00August 29th, 2019|Retirement Planning|

Should You Be Concerned About Required Minimum Distributions

If your Required Minimum Distribution is not managed properly you may be exposed to additional tax liability   Determined by the fair market value of qualified retirement accounts, a Required Minimum Distribution (RMD) is the minimum withdrawal amount account owners must take when they reach age 70½. Types of accounts affected by the Internal Revenue [...]

By |2019-08-19T21:14:20+00:00August 19th, 2019|Retirement Planning|

Nightmare On Easy Street

A recent report about retirement confidence from the Employee Benefit Research Institute found a widespread concern over the future, the future in retirement income, the future of social security and the future of Medicare. This article was originally written in 2015 and it is coming true rapidly.  Well worth a new read.   Click here [...]

By |2019-08-19T23:36:07+00:00August 19th, 2019|Retirement Planning|

Responsible Management Of Retirement Savings

Are you using responsible management to maximize yields and reduce market risk As I work with pre-retirees and retirees, I am always amazed at their emotional response to managing their essential money. Believing the fallacy that if they give this money to the same brokerage firm their peers use to manage and invest in the [...]

By |2019-08-19T20:29:52+00:00August 19th, 2019|Retirement Planning|

Normalcy Bias And Your Retirement Income

Will everything in your life remain normal? “Normalcy Bias”: a belief people hold when considering the possibility of a disaster. It causes people to underestimate both the likelihood of a disaster and its possible effects. Many people may tend to believe that things will always function the way things have performed in the past. This [...]

By |2019-08-18T21:46:20+00:00August 18th, 2019|Retirement Planning|