Estate & Legacy, Market Commentary, Retirement
A recent post from Jamie at his WealthAdviceMadeSimple blog outlining the importance of fees. There are few certainties in life, and probably even fewer when it comes to investing. One guarantee that I can make is this: what you don’t spend, you get to keep. Fees matter. Especially when it comes to your money.…
The fifth in a series of articles For me there has always been a disconnect between the concept of wealthy living and the size of a person’s bank account, retirement account, or other traditional measure of wealth. Enjoying a wealthy life should not be determined by how much money one makes or has amassed. Wealthy…
The fourth in a series of articles My original intent was to retire when I turned 70. However, as I noted in Part 2 of this series, the realization that “it’s time” bumped up my retirement to this fall, when I turn 67. Thus the mental switch was flipped. Then the “Can I afford…
My original intent was to retire when I turned 70. However, as I noted in Part 2 of this series, the realization that “it’s time” bumped up my retirement to this fall, when I turn 67. Thus the mental switch was flipped, then the “Can I afford to retire?” review and decision was made. A…
If you are one of the thousands of employees that work for the state of Ohio or a teacher at a public school in Ohio, chances are you have a traditional state sponsored defined benefit pension plan. These retirement plans require the employee put a certain % of their gross income into the plan each…
This is the second in a series of articles on preparing for retirement, in which I consider the question we all ask: “Can I afford to retire?”. Future articles will deal with converting my retirement plan from one of accumulation to one of distribution, health insurance, Social Security planning, investments, eventual downsizing and/or re-locating, and…
This is the first in a series of articles on preparing for retirement. The next few will deal with what retirement looks like – what I will do as I enter another stage of my life, Social Security planning, cash flow expectations, investments, planning for health care, eventual downsizing and/or re-locating, and other topics I…
Investors with any experience at all can recite the long-term results: U.S. stock market has averaged about 9-10% total returns over the last 30 years 6% the last 15 years Bond market has averaged about 5%. In truth, the average stock market investor has gained only about 3.5%, on average over the last 15 years,…
Beyond Your Finances, Estate & Legacy, Retirement
Recently, we held a wonderful client education event with the topic centered around rightsizing your living arrangements. It’s a topic no one really wants to talk about, but our experience tells us this is a topic that must be addressed. Can I stay in my home? When will I know it is time to leave…
As 2014 draws to a close, it’s time to give consideration to your retirement savings for 2015. The IRS has increased several of the retirement saving limits for individuals. Here are just a few of the basic ones for your reference. 2014 2015 Elective deferrals – 401(k), 403(b), and most 457 plans $17,500 $18,000 Catch-up…
