Viewpoints: June 2020 Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits Jobs are Coming Back, Still a Long…
I’ve been officially retired for more than two years. During that time, I have been asked numerous times about when to take Social Security retirement benefits. My general response is that it pays to delay receipt of benefits to age 70. After that, there is no incentive to delay other than potential income taxes.…
Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits Critical Recession Indicator: The Fed’s recession tracking model…
Beyond Your Finances, Retirement
Readers of my previous blog posts know that since I retired more than 18 months ago, I don’t spend much time looking at the values of my investments. There are four main reasons for this. First, I spent more than 30 years watching the markets and client portfolio values on a daily basis. I…
Living a Rewarding Retirement: The Importance of Time It’s minus 3 degrees this morning, with a thick blanket of snow on the ground, and winds are making it feel like 20 below. There is little compelling reason for this retired guy to hustle around and get outdoors, so it’s as good a time as any…
Beyond Your Finances, Retirement
“Some people make more than a career out of their work. They make a difference.” It’s been more than a year since I retired from my position as Portfolio Manager and Chief Compliance Officer with PDS Planning in Columbus, Ohio. One of the many retirement cards I received from clients and colleagues contained…
A recent post from Jamie on his WealthAdviceMadeSimple blog helping to provide you with ‘Clarity in a complex financial world.’ Cue up the Andy Williams because It’s the Most Wonderful Time of the Year! According to the Tax Foundation, most Americans have to work nearly 4 months each year just to pay their…
Beyond Your Finances, Market Commentary, Retirement
I have always had a great respect for educators and how they impact our society. Both my mother and aunt were teachers. I recall as a child how my mother spent countless hours working to get her Masters degree to stay certified while raising three kids. And now, my wife, Abbey, is a teacher. I…
My three daughters have all graduated from college. Two of them are now married – and one of them made me a grandmother this past July! Our other daughter is also now comfortably living on her own. Even though it’s been a few years now, I still remember the painful transition and feeling of loss…
Beyond Your Finances, Retirement
I gained my label as a distance runner in high school running track and cross country. However, I didn’t really get back into running until about six years ago when I ran my first half marathon. Since then, I’ve run two full marathons, eight half marathons, and enough events in the range of 5K-15K…
In recognizing that managing finances is simply the fuel to help you pursue your passions and spend time with the ones you love, we regularly share “What’s Happening at PDS” to let you know what our staff has been up to, both professionally and personally. We officially retired and honored Bob Hamilton, Jim Hamilton…
Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits More Debt than Equity: As of 12/31/17, the…
Beyond Your Finances, Retirement
There have been many changes for me since August 31, 2017. On that day, I officially retired as partner and Chief Compliance Officer of PDS Planning, Inc. in Columbus. Having worked for a total of almost 50 years (five of those while I was in college), there was more than a bit of trepidation as…
Economic and Investment News Bits The average credit score has reached an all-time high of 700. There are now more U.S. consumers rated “super-prime” (800+ credit score) than there are rated “subprime” (<600 credit score). You can obtain your free credit report and score at: freecreditscore.com. (Source: FICO) 44% of adults could not pay for…
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…
