The Secret of the Solo 401(k)

Self-employment has may perks, but there’s at least one significant drawback: the lack of an employer-sponsored retirement plan like a 401(k). We have a solution for you! The solo 401(k) is designed for self-employed workers with no employees, and mimics many of the features of an employer-sponsored plan. THE BASICS: Save up to $19,000 (over 50? Make that $25,000) Profit sharing options of up to 25% of income on top of the 19k Flexibility - [...]

August 29th, 2019|

Back to School!

As of today, colleges are back in session in most of the country, and many parents are likely thinking about how best to prepare for their children’s future college expenses. NOW is a good time to sharpen one’s pencil for a few important lessons before heading back into the investing classroom to tackle the issue.   THE CALCULUS OF PLANNING FOR FUTURE COLLEGE EXPENSES According to recent data published by the College Board, the annual cost [...]

August 26th, 2019|

Rising annual health care costs in retirement

Health care is traditionally one of the largest expenses in retirement. Planning for these costs, and keeping up with it as you age is crucial. Given variation in health care cost inflation from year to year, it may be prudent to assume an annual health care inflation rate of 6.5% which may require growth as well as current income from your retirement portfolio. This chart illustrates the current out-of-pocket health care costs experienced by today’s [...]

August 21st, 2019|

Video Series: Reacting to Markets

This 1 minute video says it all! Nobel laureate Eugene Fama provides perspective for long-term investors on why they shouldn’t pay a lot of attention to short-term results. "If you have a bad period in the risky part of your portfolio and you get out as a consequence...What that says is you NEVER should have been there!" The most free way of thinking about investing is understanding what the possibilities are...good or bad.

August 13th, 2019|

Retirement Insights Tip #7: Effects of withdrawal rates and portfolio allocation

ONE SIZE DOES NOT FIT ALL Higher initial withdrawal rates or overly conservative portfolios can put your retirement at risk. But setting it too low can lead to sacrifices in retirement. You may want to consider a dynamic approach to spending. Setting an initial withdrawal rate and an appropriate portfolio allocation is necessary to sustain 30+ years of spending in retirement. The chart on the left illustrates the effects of different initial withdrawal rates assuming [...]

August 8th, 2019|

Video series: What’s the upside of risk?

In this short video, Nobel laureate Eugene Fama discusses how financial markets work, what fuels innovation, and the upside and downside of risk.

August 7th, 2019|