Your Safe Retirement Coach
My recent article regarding solar power on Marketwatch.com stirred much discussion. Here’s a brief part of it and I invite you to read the full article, here. To my wife, going solar made “green sense.” For me, the decision had to make “greenback cents.” It was when we viewed the decision in the context of [Read More...]
One of the benefits of the health care discussions of the last few years has been the integration of retirement planning with the need to make smart health-care choices. Besides the smartest health care decision that anyone can make — exercise and eat smart — the decision making process related to health care has become [Read More...]
According to a recent press release from MFS, ‘More than a third of Baby Boomers surveyed said they expect Social Security to be a “major source of income in retirement.” Yet only one in four have confidence the system will have money to pay benefits throughout their retirement; nearly 40 percent were not at all [Read More...]
I was involved at a conference recently for the Retirement Income Industry Association (RIIA) and stuck around until the last speaker on the second day. While looking out at the room filled with rolling luggage owned by executives and advisors catching their last smartphone emails before his presentation, the speaker joked how we was happy [Read More...]
One of the major parts of my speaking engagements focuses on how the adult children of retirees and pre-retirees need to speak with their parents earlier, rather than later, about retirement and the need to address financial and life matters. It’s often viewed as a difficult discussion to have and that’s why most of us [Read More...]
There’s been much talk about longevity insurance and believe me, you’re going to be hearing even more about it. It’s becoming a hot topic for a number of reasons. One reason is that it can provide a nice safety net for retirement by providing some high yearly income for retirees. Another reason is that the [Read More...]
My good friend, Jack Hough wrote another interesting story in the Wall Street Journal about how delaying Social Security can actually beat yields on Treasury inflation-protected securities. Full article link is below. “For an investment return that tops those offered by hedge funds, insurance firms or Wall Street banks, baby boomers should look to Social [Read More...]
To all the financial advisors and professionals I’ve met and have yet to meet, Over the years, I’ve spoken to thousands of investors and financial advisors. When I ask both groups about how clients chose their advisors, they both agree on an answer: referrals! Clearly the number one method of finding the right financial advisor [Read More...]
A recent study commissioned by Ameriprise and conducted by research company GfK found that baby boomers, those born from 1946 to 1964 are losing their optimism about the country’s financial future. Given the state of our politicians and economy this isn’t that surprising. But the numbers are pretty dire. Only about half of baby boomers [Read More...]
In my book, Safe 4 Retirement: The Four Keys to a Safe Retirement, I examine the Four Percent Solution, which is a belief (and backed up by research and studies) that retirees can safely withdraw 4% from their balanced portfolios (read: need some stock exposure along with fixed income) each year and with adjustments for [Read More...]
A retired husband is often a wife's full-time job. -Ella Harris
