Retirement

Research and studies regarding 401(k) plans and their participation or lack thereof is a topic year after year. But reading some material from KRC research has confirmed information that anyone who is involved with managing 401(k) plans in the field probably already knows. On occasions clients will ask me to help them with their 401(k) […]

“Financial planner” is a term that is used by many. Some are legit trained planners, others are insurance sales people or brokers. The real question is; What level of planning do you really need? Do you need a credentialed planner, CPA, Tax attorneys and estate lawyer, or do you need someone that can work through […]

With the pandemic in full swing and people hypersensitive to any news related to Covid 19, there are many people who have been laid off, furloughed or just out of work. While it is hard to find anything positive with the business closure and what I fear to be devastating to our economy in the […]

Why does risk matter? The risk that I am referring to is investment risk made up primarily of market risk when dealing with equities or stocks, and interest rate risk as well as credit risk when dealing with bonds or fixed income. Concepts that I’ve expressed in previous articles, are dealing with quantifying risk and […]

The process of reviewing a client’s existing 401k, 403b, or other retirement plan that they have accumulated during their working time, has revealed some commonality as far as allocations between stock and bond funds. Most clients tell me that they had heard that they should have some bond funds for safety and that they really […]

Before sharing information regarding the financial abuse among our seniors, I must state that I know, or have known people near 100 years old that have not lost cognitive abilities and remain very sharp, so just realize that this information is a generalized statistical study. According to new research from Daniel Marson, a professor of […]

There is a provision within many 401(k) plans that may be advantageous to a number of people who are in these plans but not aware of an available option called “in- service” distributions. Employer 401(k) plan admins and Human resources departments typically do not advertise the option of rolling current 401(k) assets into a self […]

Almost 100% of new clients that walk into my office to discuss their retirement plan have two beliefs that are consistent. First, they believe that they do not have enough money to retire and second is that they believe the amount of money that would allow for a comfortable retirement is predetermined by the “experts” […]

The term “don’t put all your eggs in one basket” has been around for as far back as anyone can remember. Typically this relates to how you invest or save money. What I want to point out is a concept that is very simple but often times not considered when we are in the asset […]

Most of us would agree diversification is a good thing as it relates to our investment mix but also as it relates to our income as we approach retirement. In all likelihood the tax code will change during our lifetime, so the ability to switch from least to most tax advantaged income sources as possible […]

We can hope that our retirement money invested in the stock market or mutual funds will do well when we are ready to retire. We can hope that Social Security will be there for us when are ready to retire. We can hope that we are working with an investment professional who understands the difference […]