I’ve had two clients in the recent past who struggled with whether or not they should retire. Neither client cared for their jobs, but didn’t think they were ready for retirement, and so decided to stay put until they figured out ‘what was next.’ Shift From Full-Time To Part-Time Work In the first case, the…
Born in the period between 1946 and 1964, a new wave of baby boomers retires every day. And for those boomers turning 62 this year, this will be the first opportunity to claim Social Security benefits. Unfortunately, they’ll suffer penalties if they do so before full retirement age. That’s why it’s so important to know all your…
Do you feel confident that you are saving enough for retirement? If not, here are five ways to boost your retirement savings. 1. Know your numbers Many people have no idea how much they actually need to save to meet their retirement goals. If you don’t know your individual numbers, you might assume you need…
During the first quarter of 2019, markets staged an unexpectedly scorching bounce-back from a tough end of the year in 2018, and in the process, washed away investor fears that had built during the back half of 2018. Domestic and international stocks led the charge with double digit returns; commodities and corporate bonds had a…
So you’ve made it to retirement, and realize you have done it with room to spare. A surplus of assets, more than enough to cover your desired lifestyle for many years to come, puts you in a position to have a meaningful impact on the lives of those you love, and on the causes you…
We believe that stocks are currently caught in a shallow cyclical bear market, which will ultimately run its course this year,
Mistakes made when planning for your retirement can have disastrous consequences. Here are eight critical (but common) errors you should avoid… 1. Don’t retire away from a job; instead, retire to a well-designed retirement plan. Spend time thinking about what you want to do in retirement. What will you do every day? Will you join a club…
Eight out of every ten American adults have some form of debt. Properly managed, debt can enhance a person’s lifestyle. For something so common, though, people often have conflicting emotions about it. In fact, debt is the top cause of financial stress in the United States. The situation is not helped by the hysteria and half-truths commonly found…
The third quarter saw mixed performances across the major asset classes. Large cap U.S. stocks surged, developed international equities and U.S. bonds were flat, while emerging market equities and commodities experienced modest losses. The clear winner for the quarter and year to date has been the U.S., as domestic investors have been rewarded with sizable…
How much money do you need to retire? It’s a familiar question with an unsatisfying answer: it’s complicated. It depends on how much you’ve socked away, how much income you’ll have coming in, how much you plan on spending and how long you live. There’s no one size fits all, it’s unique to you. To…