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 →

Can You Have the Retirement You Want?

For many Americans, the answer to the question above remains as intimidating as it is elusive. While the question itself is simple, the answer remains complex, ever-changing, and the cause of much fear and anxiety for those nearing retirement age. So why is this question so fear inducing and difficult to gauge? And more importantly,.. read more →

Long Term Care Insurance; Yes or No?

Hi everyone, one of the questions that we get asked frequently these days from our clients is: Is long term care insurance right for me and/or my spouse???? That is a great question with many different answers depending on your specific situation. Statistics show that 70% of those over the age of 65 will someday.. read more →

Financial Plans are a JOKE!

“Plans are of little importance, but planning is essential.” –Winston Churchill “Plans are nothing; planning is everything.” –Dwight D. Eisenhower “Everyone has a plan until they get punched in the face.” –Mike Tyson It is time that we recognize that Churchill and Eisenhower (and even Mike Tyson) were right. We place way too much weight in plans;.. read more →