Personal Finance

Fear is NOT and Investment Strategy

The stock market has been jumpy the last few months. Greece, the Federal Reserve looking to raise interest rates, China’s Stock market plunge and some weak corporate earnings have all contributed to recent volatility. We must also acknowledge that the stock market has been on a good run since March 2009 with only a few setbacks. When I see the market behaving in this manner, I remember a quote from William Bernstein, a financial theorist and best selling author, “In the short term the stock […]
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Dream Planning

In working with financial planning clients, one of the questions we ask is “What are your dreams during retirement?”  About half the people will say they want to travel.  About one in 20 will say something beyond that:  “I want to by an RV and cruise the country”, or “I want to pay for my grandchild’s college education,” for example.  Sometimes, having that dream home or a vacation home is mentioned. All these things take planning, yes.  But a lot of the time, people simply […]
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5 Ways Your Brain Can Sabotage Your Investing

The stock market is a great brawl in which minds with opposing views battle over whether prices will go up or down. Unfortunately, investors are often their biggest foe in this arena because our brains have biological mechanisms to screw us up. Here are five reasons the self-sabotaging brain does this.
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2014 IRS Limits – Saving For Retirement

It’s 2014, and the new IRS limits have kicked in. Here’s what you need to know concerning your 401k, IRA and other limits.
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Early Retirement – IRS 72t – Avoiding the 10% Penalty

What happens, though, if because of health or company early retirement mandates, you are forced to retire before age 59 ½? How can you access your retirement savings without paying penalties? The answer is 72(t).
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Who Needs Long Term Care?

Having a long term care policy in place can help you preserve assets that would otherwise be diverted to custodial care, and give you peace of mind that your care needs will be addressed should the need arise.
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Payoff that Mortgage Prior to Retirement

If your house was paid for, would you take out a loan to invest it in the stock market? Amazingly many people reading this would actually pause to think about it. The answer should be no.
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2013 IRS Saving, Gifting and Other Limits

It’s 2013, and the new IRS limits have kicked in. Here’s what you need to know concerning your 401k, IRA and other limits.
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Indexed Annuities, Better Read the Fine Print

So you purchase the annuity and tie it to the S&P 500 index. This year, the index grows 20%. You would expect to see a 20% return in your annuity, right? Wrong!
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Your Financial Future – Can You Fill in the Blanks?

I need to save ___% of my paycheck to reach my financial independence goal to make working optional at age___. My retirement nest egg needs to be built to $_____ to achieve this goal.
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