Our Retirement Blog

The Power of a Written Plan

The Power of a Written Plan Business owners and CEO’s have written business plans. Ship captains chart their courses on nautical maps and doctors have written treatment plans for their patients. What these and most successful people all have in common is that they have written plans of action that… ...

Brief Overview on Medicare Enrollment

Greetings! I trust that this will find you well and enjoying life. Medicare and all that’s involved with it can be complex initially. You’ll need to take steps to familiarize yourself with it as you approach age 65 for maximum benefits and to minimize your cost. Even enrolling can be… ...

The Actual Math on Waiting to Take Social Security

Greetings! I trust that this will find you well and enjoying life. The advantages of tax deferral are often emphasized when it comes to saving for retirement. So it might seem like a good idea to hold off on taking taxable distributions from retirement plans for as long as possible.… ...

An Overlooked Tax Break

Greetings. I trust that this will find you well and enjoying life! In retirement managing taxes, in other words getting every possible tax break that you can based on your circumstances, can be as important as effectively managing your portfolio. Are you working with a good tax preparer and tax… ...

An Unrealized Resource You May Not Be Aware Of

Greetings! I trust that this will find you well and in good spirits. Have you ever considered a home equity line of credit (HELOC) as a resource in retirement? For those of you that are not familiar with them, a home equity line of credit is simply an open line… ...

A Matter of Personal Defense

Greetings! I trust that this will find you well and enjoying life. Cyber security is an issue that we all should be aware of and consider as far as the effect a cyber-attack can have on our lives. The internet is the tool that most of us use to conduct… ...

Turning On The Income Part 3

Greetings! I trust that this finds you well and enjoying life. For several weeks now we’ve been examining common retirement income strategies. For most of us in retirement financial security is predicated on stable, reliable income. We’ve examined the methods of taking a stated withdrawal or spend down rate from… ...

Turning On The Income Part 2

Greetings! I trust that this will find you well and enjoying life. Today I want to examine using different asset types that consistently generate interest or dividends to provide retirement income. Examples of these asset types are individual bonds, preferred stocks, real estate investment trust (REIT’s) and business development companies… ...

Turning On The Income Part 1

Greetings! I trust that this will find you well and enjoying life. During your working years you’ve probably set aside funds in retirement accounts such as IRA’s 401k’s, as well as taxable accounts. Your challenge during your retirement years is to convert those savings into an ongoing income stream, that… ...

Embracing the Latter Years

Life as the Ninth Inning Nears is a recent letter to the editor of The Wall Street Journal by Fay Vincent. Fay Vincent was formerly CEO of Columbia Pictures Industries, executive vice president of Coca Cola and the commissioner of major league baseball from 1989-92. Mr. Vincent’s achievements professionally are… ...

Advanced Planning in Retirement

Greetings! I trust that this will find you well and enjoying life. Experiencing meaning, purpose and happiness in retirement won’t happen unless you make it happen. Advanced planning on how you will spend your time and energy is as important as the financial planning you do as you approach the… ...

Era’s in Life

Greetings! I trust that this will find you well and enjoying life. Last week we looked at the effect media bombardment has on our emotions and quite possibly our decision making regarding our finances. We’re getting a big dose of information that’s tough to digest thus far this year. Thursdays… ...

It’s All Cyclical

Greetings! I trust that this will find you well and enjoying life. We live in an era of hyper information and we are well served to examine the effect it has on us. Media sources are vying for our attention and will go to almost any length to gain our… ...

A Glimpse Into 2016

Greetings! I hope that this finds you well and enjoying life. The New Year got off to a rocky start as investors digested falling equity markets, further declines in the price of oil, heightened concerns over China’s economic stability and rising geopolitical tensions. The widely expected “January effect” on risk… ...

Peace of Mind in Retirement

Greetings! I hope that this finds you well and enjoying life. We are starting the New Year in the markets the most volatile ever recorded. At one point in the last two weeks the DOW was down 14% off of its all-time high back in September! That’s making a lot… ...

Correlation and Portfolio Perfomance

Greetings! I hope this finds you well and enjoying life. Different types of investments are subject to different types of risk. On days when you notice that stock prices have fallen, for example, it would not be unusual to see a rally in the bond market. Asset allocation refers to… ...

Stay Focused

Greetings! I trust that this will find you well and enjoying life. I hope that your new year is off to a good start. We certainly have had quite an eye popping start to the new year in the stock market with the Dow Industrials down – 6.24% and the… ...