Ep 49: Potential Inheritance: Include In Your Retirement Plan Or Not?

You live below your means and invest for your future … similar to your parents. Now your parents are getting older, and it seems fairly clear they’ll be leaving you an inheritance at some point. Meanwhile you’re still working. Should you include the potential inheritance in your retirement plan?

Banking on an expected inheritance for your retirement plan involves risk. Hear Kevin discuss real-life cases where it was appropriate and another where it was too risky. Continue reading

Ep 48: Why Big Tech Stocks Must Underperform

The five biggest tech stocks — Amazon, Apple, Facebook, Google, and Microsoft — are great businesses. They’ve been so successful over the last decade that they comprise about 20% of the total S&P 500 market capitalization — a level of concentration not seen since the late 1990s. They also command higher prices (valuation) than the market as a whole.

Listen to Kevin describe a simple thought experiment illustrating why it’s mathematically impossible for past to be prologue for these tech darlings. Eventually, the music will run out. Investors will again learn the lesson that price matters … just as they learned the same at the end of the Tech Bubble. Continue reading

Ep 47: Risks & Uncertainties in Pandemics & Retirement Planning

Interesting parallels can be seen in modeling retirement projections and the Coronavirus pandemic. Small changes to inputs — such as the rate of return or infection spread rates — can have magnified effects on outputs — such as ending wealth or total infections (and ultimately deaths), given similar exponential growth traits. Continue reading

Ep 46: Rebalancing Your Portfolio: Why, How & Complexities to Overcome

Control risk? Buy low and sell high? Higher returns? Who doesn’t all of these in their portfolio! And that’s what portfolio rebalancing can do. While rebalancing sounds simple in theory it quickly gets complex in practice. Hear Kevin describe rebalancing from the simple to complex. Continue reading

Ep 45: Retire Smarter Solution™

Suppose you have to have surgery. Does exploratory surgery sound good, or does a pre-determined surgical plan sound better? Having a plan and a repeatable process sounds less risky.

The same goes for retirement. Retirement spending. Health Insurance. Social Security. Investing. Taxes. These are all key and complex areas where you need to make smart decisions for retirement. Listen to Kevin describe True Wealth’s Retire Smarter Solution that aligns your money to your goals, overlaid with tax-smart strategies, so you can retire with confidence. Continue reading