Caveat Emptor When Buying Annuities

The financial services industry has done a poor job with making things simple and easy to understand for the majority of the public. There are 50-page mortgage documents, 100-page fund prospectuses, and we currently have an unnecessary and onerous debate in Washington on a widespread fiduciary standard (it should be as simple as the client.. read more →

Retirement Withdrawal Strategies – Is the 4% rule of thumb still appropriate for you?

Many personal finance websites, calculators, and newsletters have long advocated that most retirees would be able to take 4% from their savings in their first year of retirement and then increase that withdrawal amount in accordance with inflation every year for at least the next 30 years.  While even the creators of this rule of.. read more →

Don’t Lose Sight of the Forest for the Trees

The financial media has spent a lot of ink (well, maybe more keystrokes these days) on the upcoming fee disclosure statements that retirement plan participants will be receiving before the summer is over. A myriad of surveys have demonstrated that many retirement plan participants are unaware that they are paying ANY fees associated with their.. read more →