Ep 7: Rules Gone Awry – The 4 Percent Rule
You’ve perhaps heard the 4 percent rule, that if you take 4% out of your investment account each year, you’ll never outlive your money. Kevin talks about where this idea came from, and pokes some holes in this strategy in this third installment of Rules Gone Awry. Continue reading
Ep 6: Rules Gone Awry – The Rule Of 100
There’s a “rule” that says you should take 100, subtract your age, and the result tells you how much of your money you should invest in stocks. It would be awesome if retirement planning was that simple, but simple isn’t always effective and that’s the problem with the Rule of 100. Take a listen to find out about better ways to invest and plan for your financial future Continue reading
Understanding Mutual Fund Total Costs
Costs matter. Whether you’re buying a car or selecting an investment strategy, the costs you expect to pay are likely to be an important factor in making any major financial decision. People rely on different information about costs to help … Continue reading
Ep 5: Rules Gone Awry – Take Social Security Early
There’s an old school of thought that says you should take social security as early as you can so that you can get the most out of it. But this is another one of those retirement rules gone awry that we enjoy picking apart on the podcast. Kevin will tell us why this retirement “rule” needs to be scraped and give us the proper lens through which to view the social security problem. Continue reading
Why Your Retirement Income Strategy Needs to be Dynamic
Your retirement strategy needs to be updated regularly and be dynamic in three key areas – market expectations, portfolio allocation, and spending – to help make the most of what you have. Continue reading
Ep 4: Rules Gone Awry – Spend 80% Rule of Pre-retirement Income
Walter was being nosy recently and asking his mom about her retirement plans. When she told him she was planning on living off of 80% of her current income during her retirement years, it raised a red flag. How did she come to that figure? You guessed it, she didn’t really have an exact answer for why she picked that number. So Walter turns to Kevin on this week’s podcast to understand how that “80% Rule” worked its way into the retirement planning vernacular and why we’d all be wiser to ignore it. Continue reading
Ep 3: Rules Gone Awry – Retirement Will Be Stress Free
There is a lot of obsessing over creating a stress-free experience in retirement. But life doesn’t really work that way. We can still experience happiness and joy in retirement, even if there’s still a few stressful moments along the way. Don’t buy into another one of those retirement rules gone awry, that a truly stress-free retirement is attainable. Kevin will show us how to root your financial plan in realistic terms. Continue reading
Retirement Income: Total Return Portfolio
There are two schools of thought on retirement income: one being investments, or probability-based, and the other being insurance-based strategies. Continue reading
Medicare Plan Reviews for the Open Enrollment Season 2018
Appointments will be available again this year to our Medicare-eligible clients Continue reading
Ep 2: Details vs. Relationships
Unfortunately, many financial advisors fall into one camp or another. They’re either a great relationship person or they’re extremely focused on planning details. Kevin will tell us about a couple who called him recently after experiencing one of those scenarios and how it cost them a lot of money. Listen to this episode of “Retire Smarter” to find out why you should work with an advisor who respects the unique details of your situation, while also developing a strong working relationship with you. Only having both will lead to clarity and confidence in your decision making about your financial future. Continue reading
