The 'average' investor earned slightly more than 5% in their investment portfolio in 2016.

How Did the Average Investor Do in 2016?

By | Active Investing, Behavioral Finance, Investment Returns, Passive Investing, Real Returns, Stock Markets | No Comments

Openfolio, a company dedicated to providing information and transparency to investors, recently released some data about how investors performed in 2016.  Openfolio aggregates the performance data from over 70,000 subscribers who voluntarily and anonymously share their investment portfolio information with Openfolio.  The idea is that sharing data among its users should help them realize better investment performance.  We will discuss…

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Financial Considerations for a Donald Trump Presidency.

Financial Considerations for a Trump Presidency

By | Financial Planning, News and Events | No Comments

Donald Trump’s improbable victory in early November’s presidential election caught many people by surprise.  A Hillary Clinton victory looked almost certain if you believed most election polls and media outlets in the days leading up to the election, but as Tuesday night progressed a different story emerged.  As a Donald Trump presidency became more likely, a brief overnight market panic…

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Social Security recipients will see a very small increase in benefits in 2017.

Social Security Benefits Update

By | News and Events, Retirement Income, Social Security | No Comments

It is the classic case of “I have some good news and I have some bad news.  Which would you like to receive first?”  The good news for Social Security recipients is that there will be a cost-of-living adjustment (COLA) for the first time since 2015.  The bad news is that the COLA increase is a meager 0.3% for 2017….

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Why You Should Care About Real Rates of Return

Why You Should Care About Real Rates of Return

By | Interest Rates, Investment Returns, Real Returns, Returns | No Comments

Nominal interest rates are currently below zero in many countries, including Germany, Denmark, Switzerland,     Sweden, and Japan.  These levels have shattered the belief that zero is the lowest that interest rates can go.  While negative nominal rates are a relatively new phenomenon, historically speaking periods of widespread negative real returns across countries have been quite common. Those of us who…

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Vin Scully retired at the tender age of 88 from broadcasting for the LA Dodgers.

How Long Are You Planning To Work Before Retirement?

By | Financial Planning, News and Events, Retirement Planning | No Comments

While the 2016 Presidential election has captured most of our nation’s attention this year, you may have missed the end of an era in professional baseball.   At the end of the 2016 Major League Baseball season, Vin Scully quietly and gracefully stepped away from the Los Angeles Dodgers’ broadcast booth, ending an historic 67-year hall of fame career in broadcasting. …

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Will Your Savings Last as Long as Your Retirement?

Will You Run Out of Money During Retirement?

By | Retirement Income, Retirement Planning, Retirement Savings | No Comments

In recent years, a lot of attention has focused on the state of retirement, more specifically the risk that retirees will outlive their money.  Furthermore, in most surveys circulating about retirement today, running out of money during retirement continually tops retirees’ lists of fears and concerns. Retirees’ fears about retirement are far from unfounded as they do face many risks. …

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Updating Retirement Account Beneficiaries

The Importance of Updating Retirement Account Beneficiaries

By | Beneficiary Designations, Estate Planning, Retirement Planning | No Comments

We all know the importance of saving for retirement, whether we are decades from retirement or currently enjoying the rewards of a lifetime of diligently putting money aside for retirement.   For many of us we focus most of our attention on ensuring that we have the right asset allocation for our retirement accounts, or maximizing the contribution amounts so that…

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Will you have enough money to comfortably retire?

Common Questions About Retirement

By | Retirement Planning, Retirement Savings | No Comments

As I have shared before with many readers during our office visits and in other blog articles, one of my favorite activities in the financial planning profession is visiting with so many fun, interesting and intelligent people during client reviews and new client meetings.  I really enjoy “peeling back the layers of the onion” and finding out about where people…

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Recent research from Fidelity Investments indicates that a couple who retired in 2015 can expect to spend an estimated $245,000 for healthcare during their retirement.

Taming the High Cost of Health Care During Retirement

By | Health Care, Retirement Planning | No Comments

I recently met with a client to review their investment accounts and financial plan.  During the course of our meeting the topic of aging came up.   As we talked about getting older and the challenges that aging presents, I remembered something an old client had told me at the very beginning of my financial planning career.  Tom and his wife…

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