Market Update – 3-24-20 I want to start by saying that I hope all of you are remaining safe and healthy! Obviously, this is a challenging time for us all. More than financial, this pandemic has challenged us both physically and mentally. It has been a few days since my last post and in that […]
Market Update – 3/18/20
Market Update – 3-18-20 The market continues its downward slide. Although it closed well off its lows today, the S&P 500 touched levels it had not seen since December of 2016. Many of you are concerned about what you have lost. Frustrated by the deteriorating value of your portfolio in just a few weeks’ time. […]
Market Correction: What to Do?
Last week, stock markets around the world corrected in a violent selloff. Most of the major indexes were down more than 15% at their lowest levels due to fears of a Coronavirus pandemic and the economic impact that would have. This, just a little more than a week from the S&P 500 making record highs […]
Long-Term Care Insurance: Is it Right for You?
If you are in or near retirement, no doubt the thought of Long-Term Care has crossed your mind. Long-term care is a range of services and supports an individual may need assistance with to satisfy their personal care needs. Long-term care is not medical care, but rather assistance with the personal tasks of everyday life, […]
5 Things You Must Do Before You Retire
Deciding when to retire can be one of the biggest decisions of your life. If done right, you will only do it once, so it is important that you take the proper steps to ensure a part-time job as a Wal-Mart greeter is not required to make ends meet when you’re 80. Here are five […]
Retirement FAQ: Should I Change My Investment Strategy With the Market High?
FAQ: Now that the market is at all-time highs, how should I change my investments strategy? Answer: This is an excellent question that we get from our members whenever the market makes new highs (which has been often, lately). The answer is that a new high should have little relevance on your asset allocation. The […]
Retirement FAQ: Should I Change My Portfolio Based on the Iran Conflict?
FAQ: What should I do now that the U.S. has killed an Iranian General and tensions seem to be escalating? Is now a good time to reduce my portfolio risk? Answer: Nothing. No, you do not want to make any changes in your portfolio based on geopolitical risk, concerns, or situations. It will be a […]
Utilizing Risk To Your Advantage
As planners who attempt to evaluate and manage numerous variables in our Member’s financial lives, the question of risk comes up often. To many novice investors, these questions are almost framed as if we, as retirement and financial experts, have some proprietary insight into the future, a crystal ball that has been honed by years […]
Retirement FAQ: What is a Required Minimum Distribution (RMD)?
FAQ: What is a Required Minimum Distribution (RMD) and Does it Apply to Me? A Required Minimum Distribution (RMD) is an IRS rule that requires owners of pre-tax retirement accounts (Traditional IRA, 401k, SIMPLE IRA, SEP IRA) to begin taking an annual minimum distribution by April 1st of the year following the year they turn […]
What Should I do with the Market at All Time-Highs?
It is a common fear. Nobody wants to be the one who invested money in March of 2000 or October of 2007. Investing at the top of a market rally can leave a sting not only to your investment account, but also to your pride. In fact, behavioral finance experiments have proven that people are […]
