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…
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,…
I know what you’re thinking. This is someone just trying to grab a headline. Sure I wanted your attention, but I also mean what I say. A declining market presents some great opportunities for everyone. Granted, this may apply to some more than others. Let’s take a closer look. We can lump every investor into…
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…
