Category

Retirement Savings

The clock is running out on many Americans facing a retirement time bomb.

Time Bomb Looms for Aging Americans

By | Baby Boomers, Investing Lessons, Retirement, Retirement Planning, Retirement Savings, Social Security | No Comments

A recent Wall Street Journal article “Time Bomb Looms for Aging America” highlights a growing crisis for older Americans nearing and entering the early stages of retirement.    What the article’s authors uncovered in their research is that the generation reaching retirement age is in worse financial shape than the previous generation.  This will be the first time this has occurred…

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Are baby boomers ready for retirement?  Survey reveals expectations and readiness.

Survey Reveals Baby Boomers Expectations for Retirement

By | Baby Boomers, Retiree, Retirement, Retirement Income, Retirement Planning, Retirement Savings, Social Security | No Comments

The Insured Retirement Institute recently released the “Eighth Annual Update on the Retirement Preparedness of the Boomer Generation” and the report provides some interesting insights into baby boomers’ expectations and preparedness for retirement.  While the insight from the survey provides a valuable look into the mindset baby boomers preparing for retirement, it should be noted that the Insured Retirement Institute…

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Is there a right and wrong time to retire?

The Worst Time to Retire?

By | Investment Returns, Market Index, Retiree, Retirement, Retirement Income, Retirement Planning, Retirement Savings, Returns, Risk | No Comments

Investment News, a weekly national publication for financial advisors, recently published an article titled “Sinking At Retirement” by Greg Iacurci.  The article maintains, “Current market conditions bode horribly for near-term retirees.”  Many baby boomers, including some of our clients, are planning to retire soon.  Should pre-retirees on the verge of retirement be concerned about the impact current market conditions may…

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Fiduciary Standard of Care

The Latest Update on the Fiduciary Rule

By | Department of Labor, Fee-only, Fiduciary Rule, Fiduciary Standard, Registered Investment Advisor, Retirement Savings, Selecting an advisor | No Comments

The Latest Update on the Fiduciary Rule While you have been watching the recent volatility in the stock market or the latest political drama unfolding in Washington, you may have missed the latest news on the Department of Labor fiduciary rule that we have been periodically writing about for several years.  On March 15, the fifth U.S. Circuit Court of…

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Where you retire matters

Where You Retire Matters

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

The old adage of “Location, Location, Location” applies to more than just real estate apparently.  According to a report from GOBankingRates and a recent article from Bloomberg News, location can have a big impact on your retirement.  More specifically, where you live has a big impact on the health of your retirement nest egg. The GOBankingRates report analyzed and projected…

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Are Americans Facing a Retirement Crisis?

Are Americans Facing a Retirement Crisis?

By | Education, Investing Lessons, Retirement, Retirement Planning, Retirement Savings, Social Security | No Comments

Are Americans facing a retirement savings crisis?  The answer to that question depends on who you ask, and perhaps that individual’s prospects for retirement.  The Wall Street Journal recently asked two prominent economists if Americans were facing a retirement savings crisis.  Alicia Munnell, director of Boston College’s Center for Retirement Research and Andrew Biggs, resident scholar at the nonprofit American…

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Investors Can Learn a Lot from Farmers!

What Lessons Can Investors Learn from Farmers?

By | Financial Planning, Investing Lessons, Investment Returns, Passive Investing, Patience, Retirement Planning, Retirement Savings, Returns | No Comments

Spring is my favorite season of the year.  I suspect many of you feel the same way based on the amount of outdoor activity I have observed in recent days.  For me, spring means the start of the Major League Baseball season, hours of therapeutic and relaxing lawn care and landscaping activities, and the opportunity to watch my daughter Erin…

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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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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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