Blog

Growth, Risk & Safety: Investment Portfolios and Retirement

Years ago, conventional wisdom was that your portfolio should get more conservative as you age. One widely quoted rule of thumb was that the amount you should have in bonds should match your age. So a 60-year-old would have a 60% bond/40% stock portfolio, a 70-year-old would have a 70% bond/30% stock portfolio, and so on.

What Should I Do About My Pension?

If you are able to ask this question, consider yourself fortunate.  Many, if not most retirees today do not have a company pension, and for them, the only guaranteed lifetime income stream they have is Social Security.  Usually, retirees are offered pension payments in various different forms and amounts ranging from a) a lump sum distribution of the full value of the pension that can be rolled over tax free to an IRA, to b) a series of equal monthly payments for the lifetime of the retiree and their spouse. 
 

When the Paycheck Stops: Cash Flow and Retirement

Once the paycheck stops, most retirees wonder how to best meet their cash flow needs. Unless you have saved a tremendous amount of money, living on just dividends and interest could mean a lower life style than you desire, especially in this low interest rate environment. But even if interest rates eventually return to more “normal” levels, the days of “clipping coupons” is not likely to return. Part of the reason is because retirees are living so much longer, and need their portfolio to grow in excess of the inflation rate. And that means having some portion of their portfolio in equity-based investments, which generally don’t produce high levels of income

How to Retire to a Fulfilling, Purpose-Driven Life

It is very common, after a lifetime of hectic schedules and work pressures, to wonder how you will live without deadlines and commitments. Most about-to-retire people have these same worries.

Investing While Retired

Years ago conventional wisdom was that your portfolio should get more conservative as you age. One widely quoted rule of thumb was that the amount you should have in bonds should match your age. So a 60-year-old would have a 60% bond/40% stock portfolio, a 70-year-old would have a 70% bond/30% stock portfolio, and so on.
 

7 Questions to Answer in a First Meeting with a Financial Advisor

Many clients searching for a financial advisor aren’t certain what should be reviewed and discussed at their first meeting.  The approach taken by financial advisors varies widely and is not always well structured. The main goal is for you and the prospective advisor to determine if there’s a good fit for working with each other now and well into the future. 

Answering the following seven questions should go a long way toward determining if the prospective advisor is the right person to help you achieve your financial vision: